Borrow £300 over 26 weeks repayable through your Child Benefit
Our £300 no-credit-check loan is repayable though your child benefit over 26 weeks.
- No Credit Check
- Open to new and existing members
- Online application process
- Loan paid out after your 1st Child Benefit deposit
- Top up loans available after 13 weeks
- Build savings whilst repaying your loan
How much you may be able to borrow
Borrowing £1,500.00 over 20 months will cost £100.84/month. Total amount repayable is £2,016.80 which includes interest at 42.6% APR.
The figures given above are for illustrative purposes only. The actual interest rates and repayment amounts may vary subject to loan amount and status.
What do people borrow for?
Find out more about our loans
How we protect your money
Just like your high street banks and building societies, the money you deposit into your credit union account, up to £85,000, is protected under the Financial Services Compensation Scheme (FSCS). If you have a joint account you will be protected for £85,000 each.
FSCS protection is free to customers, so if anything happens to your bank, building society or credit union, and you cannot access your money, the FSCS will refund you up to the amount of £85,000.
For more information on how we protect your money please click here.