Unsecured Loan
Unsecured Loan
An application can be accepted anytime the premises are open or apply online via website or app. The Lending Assessment Team aim to have a decision within 48 hours on applications that are being reviewed (except weekends and holidays).
LOAN APPLICATION PROCESS
How to Apply for a loan with us
Become a Member
Once you are living or working within our common bond you are eligible to join us today and start your journey.
Calculate your Loan
Estimate how much you could borrow and calculate your repayments using our online calculator.
Apply for a Loan Online
Apply for your loan from the comfort of your home. Applying for a loan is easy and quick. Apply now!
Sit back and relax
The decisions are made quickly on loan applications and, if is approved, the funds are issued within 48 hours.
LOAN CALCULATOR
Calculate your estimated payments
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.
Representative example
Total amount payable
£27,987
Includes £5,187 interest
Based on borrowing
£22,800
Monthly repayments
£468
Paid over
5 years
Fixed interest rate per annum
8.5%
Representative APR
8.84%
UNSECURED LOAN 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
