Members are eligible to have more than one loan, but the Credit Union will not accept more than one application in any one month period and will not provide more than two loans to any member at any one time.

The maximum total borrowing at any one time is £10,000 per member.

Maximum loan length is 5 Years (2 years if the purpose is for a Holiday)

Payments are made by bacs transfer or loaded onto a pre-paid debit card for security purposes.

There are no hidden costs – we do not charge any arrangement fees or any repayment penalties on any of our loans.

All loans are assessed using a range of appraisal tools determined by the Credit Union as appropriate from time to time.  We will credit search all loan applications, and we share credit information with credit reference agencies under our privacy policy. We reserve the right to decline applications.

• Payroll deduction from participating local employers
• Direct Debit to make regular payments
• Benefits to be transferred

Once we have all the information for your loan assessment, we aim to come back to you with a decision within two working days. We may ask for evidence of income.