Members paper loan application
You can apply for a loan from Stroud Valleys Credit Union using our loan application form which you can obtain by:
Visiting one of our customer service points
Downloading the Loan application form
Asking our office to send one in the post (tel: 01453 298785 or email loans@svcu.org.uk)
If you apply using our paper form you can return this
In person to one of our customer service points
By post to our main office in Stroud
You will also need to provide documents to support your application. These are
Current account or post office account statements covering the last 2 months.
Evidence of any income or expenditure not shown on the bank statements e.g loan repayments, pay slips
Any paperwork regarding bankruptcy, County Court Judgement etc. (relevant letters, certificates of satisfaction)
Evidence of any other debts or bills (if your loan is to repay these)
If the loan is for a rent deposit, details of where you are moving to, and the landlord/agency details
Please bring any other relevant paperwork about your income and your outgoings. The more evidence we have of your circumstances, the quicker we will be able to make a decision about your loan application. If you are applying to join Stroud Valleys Credit Union at the same time as applying for a loan, an additional application form is required, with documents of identification, e.g. passport
Lack of any of these documents will slow up the decision-making process so please check you supply everything that’s required.
All applicants are credit checked, but if you’ve been in difficulties in the past, it won’t necessarily stop you having a loan – just give us full details on the application form.
Once a loan is granted, you’ll be required to sign a loan agreement form in person at one of our customer service points. This is a legally binding document in which you promise to repay the loan in full and on time.