Affordable loans for any purpose with a choice of ways to repay.Apply Now
Take advantage of our fair priced loan products. With no arrangement fees or penalties for early repayment, we have a range of affordable loans which are tailored to meet your needs.
You must live or work in a Birmingham “B ” postcode or the County of Warwickshire.
You must not be subject to a bankruptcy order, IVA, debt relief order or have unsatisfied CCJs less than two years old from application on your credit report.
If you work for a Citysave payroll partner employer listed on the application form pick list, your application will be processed as a Payroll loan.
If you are an existing member with a 6 month or longer savings history but not employed by one of our partner employers, your application will be processed as a Personal loan.
If you do not work for a Citysave payroll partner, and are not an existing member of the Credit Union, you are still eligible to apply for a fair priced Welcome loan up to a maximum of £1,500 over three years.
If you are an existing member with a 6 month or longer savings history and looking for a more flexible loan product. The term of the loan is a maximum of 2 Years. Once 25% re-paid you can ‘Top-up’ to your original amount.
Existing members and employees of our payroll partners can apply for loans up to £10,000 and will enjoy fair priced loans. An interest reduction will be applied when members repay loans by salary deduction.
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.
Use the calculator below to work out how much your loan repayments are likely to be.
Simply enter the amount you wish to borrow, over how many months and the repayment frequency.
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 £15,000 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.
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.
No – Each loan is assessed on credit profile and affordability. The amount you borrow is not linked to how much you have saved