You can apply for up to five times your standard share account balance. A standard loan can be applied for at any point when either there is no current loan or when the current loan balance has come down to within 10% of your standard account share balance (this would be a standard top-up loan).
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 a standard 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.