New members can apply for up to £1,000 (depends on company service), repayable at a minimum of £20 per week. You can apply for this loan any time after your first deduction has been taken from your wage. When 75% of your loan is repaid, a new top-up loan can be applied for.

Take a £1,000 loan and pay it back within a year and the cost is only £82 interest 8.3% flat rate (15.9% APR)

In order to comply with responsible lending regulations, loans are not allowed to be guaranteed, applications are considered by your Credit Committee on a Tuesday. They may also refer to a Credit Referencing Agency during their decision making.

How to apply

If you would like to apply for an introductory loan, you can download a loan application form here. If you are unable to print this off please call the office and we can post one to you. If you are local, you can always pop into our office and complete there and then. If you would like any further information, please call us on 0141 221 7474.

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