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Lend Out of Lockdown

From the 21st June 2021, we have a new loan product available for members who wish to borrow for things they couldn't do due to the global pandemic. Whether it be going on holiday, refurbishing your garden, buying a new bike etc. - this loan is for you. 

 

Eligibility:

Have been a member for at least 3 months

Have not had a payment break within the last 15 months 

Have not had a top-up or new loan within the last 6 months

Have not missed any loan payments in the last 6 months

Have no active stipulation on your account

Criteria:

Loan amount: £1000 - £5000

Interest rate: 4.0% APR

Term: 24 months maximum

Top ups: No

Have not missed, or been more than 7 days late with, any loan payments in the last 6 months

Have received no other loans or top-ups within the last 6 months 

Have not had a payment break within the last 15 months

If the total loan amount exceeds £7,500 exposure (difference between loan and shares), a credit check will be carried out on your application

 

Click here to apply online now!

 

Holiday Loan

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (No.213995)