Any member aged 18 and over can apply for a loan. Application forms are available at our office or you can download the form here.
The maximum loan amount for each member is £5,000 above the level of your savings.
Applications will be reviewed and credit checks performed as necessary.
If approved, a loan repayment schedule will be agreed for up to 5 years for a secured loan or up to 2 years for an unsecured loan. Any savings you have with us will be held as security against your loan. You will only be able to withdraw on your savings if they exceed the amount of your loan.