All loans
Members new to MCU or facing a one-off cost
Starter & Emergency Loan
A small, fast loan for new members or unexpected costs.
Best for: An MOT, a vet bill, a deposit on a flat. When timing matters.
Why members choose this loan
An alternative to high-cost short-term credit
Available from day one of membership
No effect on future Loyalty Saver eligibility
What to expect
Interest is calculated daily on the balance remaining, so as you pay the loan down, the interest you pay falls too. You can always pay off early at no extra cost.
- 01Apply online with your Member Number, or in person on Peel Road.
- 02We share a pre-contract credit disclosure with your monthly repayment, total cost of credit, and the representative APR.
- 03You confirm, and we pay the funds into your bank account.