Loans
Whatever the reason, we are here to help
Our loans have straightforward terms and conditions, do not carry any hidden fees or charges, and are offered with flexible repayment options.
OUR LOANS
We have the right personal loan to suit you
Secured Loan
Our Secured Interest Loan rate is offered to members borrowing a loan up to the value of their share balance max £40,000 - 6% (Ts&Cs apply)
Unsecured Loan
Our Loan is offered to members borrowing up to a maximum of £75,000 for rates as low as 8.5% (Ts&Cs apply)
Loan Calculator
Try out our quick and easy loan calculator below
Maximum Loan Term :
12.68%
12.68%
12.68%
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
LOANS FAQS
Here you can see a list of our most Frequently Asked Questions organised by category.
If your question is not listed, please feel free to submit a question
Applying for a loan is quick and simple. Visit our website or App to complete the online application. Make sure you have your identification, bank statements, and address details ready. If you have any questions, our team is here to help.
- In order to qualify to apply for a loan, you must hold a minimum of £100 in your Regular Share account. Photographic ID is required when making any loan application.
- You can apply in branch or online. Bank statements may be required and all loans are subject to credit check.
- This type of loan is covered by the amount of regular shares you have.
- Certain types of loans can be issued at the point of application - on all other applications we aim to have a decision for you our member within 48 hours.
- Un-secured Loan. An application is required to be completed, which will then be reviewed by members of the Lending Assessment team.
NOTE:
Failure to maintain repayments as per your loan agreement may affect future loans. When repaying your loan you should continue to maintain a savings record
Emailing Proof Of Income - please email all proof of income to lendingmanager@ccuni.org
Yes, before a loan is issued you must pay any interest owing on the account at point of issue.
