Short-term loans

Short-term loans

Our company is no more offering CUOK payday advances

At the time of 18 May 2020 our CUOK payday loans have already been discontinued. But, we nevertheless provide a variety of options if you’re trying to borrow small amounts of cash. You can make use of our loan calculator below to utilize for financing via our loans that are main, which will simply just take 7-14 times to process.

Or, if you’re interested in a more flexible lending option that permits one to borrow quickly once you require to, our brand new Family Saver and Salaryflex schemes could be best for your needs.

Calculate a Credit Union loan

Who can apply?

Present users can use for a financial loan whenever you want. Assuming you reside within our common relationship and generally are entitled to participate, additionally, it is feasible to be an associate during the time that is same you submit an application for a loan.

Specific items and promotions are just ready to accept anyone who has been a member for a particular time period, have amount that is certain with us, or who’re enrolled in payroll deduction.

The applying procedure

Our online application is straightforward, and should take about a quarter-hour to accomplish. Before you start, it really is well worth getting your nationwide insurance coverage quantity handy, along with a photograph or scan of one’s payslip and bank statements. You may be expected to present these within the procedure.

As soon as your application happens to be received, it will likely be looked over by user of y our loans group, that will utilize the information you have supplied to determine whether or perhaps not we are able to approve the application. This could easily simply simply take days that are 7-10. We are going to upgrade you by SMS and let the outcome is known by you when this step is complete.

Should your application is authorized, you will be expected to signal that loan contract setting out of the regards to your loan, including details for instance the add up to be lent together with payment period.

When the loan agreement is finalized, we will move the funds to your account within 2-3 days that are working. Loan repayments will then simply take put on the date and via the technique consented.

Can I be accepted?

We will decide centered on just how much you have got sent applications for, and our evaluation of the capacity to repay. We will try this by at your revenue, spending and credit history. We may ask you to provide bank statements and payslips as evidence of this when you apply.

All loan choices are available by someone, maybe perhaps not a pc, and thus we shall constantly you will need to take the picture that is whole account. Where we can’t accept the entire quantity, we might have the ability to give you a smaller quantity, or a alternate price.

Just how to use

You can easily use whenever you want using our application that is online procedure. Merely utilize the calculator about this web web page to choose just how much you may like to borrow and over just what time period. Then, click ‘apply with this loan’ to begin with the method.

You’ll be able to use in person in just about any of y our branches – you should be certain to bring legitimate ID and evidence of address, payslips and bank statements with you.

Important info

This summary is actually for illustrative purposes only, in order to offer you, the debtor, a summary regarding the check into cash loans customer login cost that is potential of. All loan choices and actual rates are influenced by individual circumstances and credit guide information supplied to us by Credit Reference Agencies.

Require a personalised example. Loan services and products could be withdrawn at any some time are at the mercy of access during the time of application. London Mutual Credit Union can not be held accountable for almost any mistakes or omissions.