• A loan for members who have saved with us for 3 months or more
• Interest is based on the amount you borrow
• No fees, early repayment charges or penalties
• Payments made by standing order

• A loan for new and existing members.
• Interest is based on the amount you borrow
• No fees, early repayment charges or penalties
• Payments made by standing order

To be eligible to apply for a Starter Loan, we ask that you:

• have sufficient disposable income
• have a good credit history: verification of identity and address, 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

For loans over £2,500, we ask that you also:

• have a minimum household income of £18,000 mainly from employment or pension.
• have lived at your current address for at least 2 years
• have no adverse credit findings for at least 3 years
• are up-to-date with any existing or previous loans
• will repay installments by standing order (unless cash repayments on previous loans were made with no defaults).

Use the loan calculator below to get an estimate of how much interest you may pay (for illustration purposes only)Starter

If you are already a member CLICK HERE TO APPLY ONLINE

or CLICK HERE FOR A PAPER APPLICATION

If you are not a member CLICK HERE TO JOIN

We can lend up to £7,500 and the interest rate depends upon how much you borrow:

£100-£1,499: interest rate is 3%/month (42.6% APR)

£1,500-£2,499: interest rate is 2%/month (26.8% APR)

£2,500-£4,999: interest rate is 1.5%/month (19.56% APR)

£5,000-£7,500: interest rate is 1.25%/month (15% APR)