Use your Unify Savings for a Secure Loan

One of the benefits of membership of Unify is that you receive FREE insurance on your savings and loans.  If you need to access some money but want to keep your savings intact, a secure loan is the ideal option.  You can use your savings as security for a loan and pay just 0.5% per month (6% APR) interest.

Savings to the value of the loan will be held as security in your Share 1 account.  As the loan balance reduces the amount of savings held as security will reduce in line with the outstanding balance.  The maximum repayment term for a Unify Secure Loan is 5 years.  

BENEFITS OF A SECURE LOAN

Low interest rate of 6% APR.

Same day decision

Members may receive dividend on savings held as security in their Share 1 account

You can make extra repayments or pay off your loan early without penalty.

HOW TO APPLY

        Apply for a Secure Loan

 IMPORTANT INFORMATION If your application is successful, your loan will be paid into the bank account details shown on the REVIEW page before you submit your application.

Please check carefully, and if you wish your loan to be paid into a different bank account, you MUST contact your local branch to amend these.

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 STEPCHANGE, DEBT ADVICE FOUNDATION or your local CITIZENS ADVICE.  

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