Unify Credit Union

Loans

 

 

See how much you could save by turning to us instead of credit cards, payday loans and doorsteps lenders. 

Whether you're new to Unify Credit Union or a long-standing member, we provide loans that suit your needs and help you to take control of your finances - you can even apply online

We have several different loan products available to members:

 

Starter Loan Icon

The Starter Loan is ideal for people who are new to Unify but are looking to borrow but have not yet established any savings.

The maximum for the first loan is £1000. Top-ups or subsequent applications have a maximum of £750.
Interest is charged on the reducing balance of the loan (42.6% APR). 
For more information please see the Starter Loan page.

Family Loan Icon

The Family Loan is available to people who receive Child Benefit and looking to borrow a small amount and build savings for the future.

The maximum Family Loan is £500 and you may top-up once you have repaid 50% of your loan balance. The Family Loan is available to new members or existing members who do not already have a Unify Loan. Interest is charged on the reducing balance of the loan (42.6% APR).
For more information please see the Family Loan page.

Workplace Loan Icon

The Workplace Loan is available to employees who work for one of our Workplace Partners and are looking to borrow up to £1000.

The maximum amount available on the Workplace Loan is £1000 per application. You may top-up the loan once 35% of the loan balance has been repaid. Interest is charged on the reducing balance of the loan (34.5% APR).
For more information please see the Workplace Loan page.

Saver Loan Icon

The Saver Loan is available to members who have been saving regularly and consistently for a minimum of 3 months. The maximum amount you can borrow is 3 times the amount you have saved in your account.

You may also move to the Saver Loan product when you have built up savings whilst you have been repaying a Starter Loan, terms apply. Interest is charged on the reducing balance of the loan (34.5%)
For more information please see the Saver Loan page.

Loyalty Loan Icon

The Loyalty Loan is suitable for existing long-standing members, who have built significant savings over a regular basis and have borrowed and consistently repaid loans. 

We wish to reward our loyal members, which is why you can borrow up to 4 times the amount of your savings. Interest is charged on the reducing balance of the loan (19.6% APR for loans under £3000 / 12.7% APR for loans above £3000).
For more information about the Loyalty Loan please see the bottom half of the  Saver Loan page.

Premier Loan Icon

The Premier Loan is ideal for people who are working and have an excellent credit score looking to borrow up to £1000.

Interest is charged on the reducing balance of the loan (19.6% APR). For more information about the Premier Loan please call one of our branches on 01942 245656.

Secure Loan Icon

The Secure Loan is available to current members of Unify. You may borrow up to the amount you have saved. The loan balance cannot exceed the savings balance.

This is a great way to receive a low-interest loan and also means you don't have to deplete your hard-earned savings. It also means you can still receive a dividend on your savings and the life insurance* terms and conditions apply. Interest is charged on the reducing balance of the loan (6.0%APR)
For more information about the Secure Loan please call one of our branches on 01942 245656.

 

Please note that all loans are subject to our general conditions, as set out in our Loan Policy. 

 

 

 

IMPORTANT - if you are in a debt management plan, subject of a Debt Relief Order,  IVA or bankruptcy or not currently up to date with household bills we are unlikely to be able to provide you with a loan.  

Debt advice can be obtained, free of charge, from STEPCHANGEDEBT ADVICE FOUNDATION or your local CITIZENS ADVICE.  

Free and impartial money advice can be obtained from The Money Advice Service.

Only our members have access to these great Starter Loan rates. Become a member today!

JOIN US TODAY

Savings

If you want to save for a rainy day or a holiday, a Unify account is quick and easy.

Loans

If you need a loan with Unify Credit Union, click here to find out more.

Payroll Deduction

Find out more about how to easily pay into your account with us