Join to borrow and save

You can become a member and apply for a loan online

To apply for a loan online you need to be:

  • aged 18 or over
  • have sufficient disposable income
  • have a good credit history:  no CCJs or IVAs in the last 3 years, no bad or defaulted debts in the last 2 years and not an undischarged bankrupt
  • have a good record of paying back previous loans

In order to complete your application you will need:

  • National Insurance number
  • Bank account details and last 3 months bank statements
  • Employment details
  • Details of your income and expenditure
  • Details of any savings and loans you currently have 
  • Previous credit history

If you have any questions, please do call us on: 01453 298785 between 11am – 1pm  Monday, Tuesday,  Wednesday, Friday and  Saturday or send us an email to loans@svcu.org.uk

Ready to apply?  If so, click the button below to open our secure membership and loan application form. Please note that to join you will need to pay a £4 administration fee and make an initial deposit of £5. The administration fee is non refundable.

Please make sure you have all the information you need before you start to fill in the loan application form. Once you have started to fill this in it is not possible to leave it and come back to it. If you submit an incomplete form we may need to come back to you for the missing information which will delay the processing of your application.

It may take up to 15 minutes to complete the form. We ask for more information than other lenders do as we don’t just rely on credit rating when assessing your application. All our loan applications are assessed individually so may take up to a week to process. We will verify your identity and address and carry out a credit check. Our Credit Committee meet on a Monday and will contact you by phone as soon as possible to let you know the outcome of your application. If your loan is approved you will need to sign the loan agreement form in person at one of our customer service points before the money can be released into your bank account. This is a legally binding document in which you promise to repay the loan in full and on time.

Apply now