This loan is the perfect option when you need money, but don’t want to touch your Credit Union savings.
Using your shares (savings) as security, you will benefit from a loan that is equal to or less than your Standard Shares balance, at our lowest rate of 3.9% APR (guaranteed rate).
As your secured loan balance reduces, the share balance held as security will also reduce, meaning you have access to more of your shares. This loan has the same benefits as our other loan products.
Benefits of a Save and Secure Loan:
- Quick application process and turnaround – no credit check required.
- Share balance remains untouched, continuing to grow as you repay the loan, earning a dividend.
- No set up or early repayment fees.
- The low, guaranteed interest rate will not change; what you see advertised is what you get.
- Free loan and savings life insurance benefit * (Usual Ts &Cs apply)
How to apply
If you would like to apply for a holiday loan you can download a loan application form. 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.