Borrowing money, when done responsibly, can help build or restore a credit rating and can be applied for a variety of purposes.  Cambrian Credit Union exists solely to serve its members. One of our services is to allow members to access loans at affordable repayment rates (maximum of 42.6% APR).

Credit union loans have key benefits including –

  • A minimum borrowing amount of £50
  • Easy application online or in branch
  • No early repayment fees or penalties
  • No hidden fees
  • Affordable interest repayment rates
  • Free life insurance protection (certain restrictions apply – more information)
  • Repayments are flexible and tailored to suit the individual’s needs
  • Loan interest rate is fixed
  • Interest is charged only on the outstanding reducing balance
  • Decisions made by people not computers within 2 working days


Family Loan

Borrow up to £500 and pay back through your child benefit.

Our Family loan scheme allows all families /individuals in receipt of child benefit to apply for a loan up to £500 from the Credit union.

Click here for more information


Payroll partner loan sale

*Borrow from £2,500 to £7,500 with only a 9.9% APR*

Exclusive offer for members employed by any of our Payroll Savings Partners. From 1st July 2021 to 30th September 2021 members can apply from between £2,500 – £7,500 at only 9.9% Apr.  Hurry while it last’s.

Click here for more information


Loans from £50 – £2,000

Cambrian’s answer to Payday Lenders for loans up to £2000.

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Find out how much you could borrow in the click of a button using our on-line loan calculator


Loans from £2,000 – £15,000

From a car to a bathroom suite – no matter what you need, we can help.

With our Personal Loan, you can borrow:

  • up to £15,000 for any worthwhile purpose from 5.9% representative APR
  • to be repaid over up to five years

Click here for more information

Find out how much you could borrow in the click of a button using our on-line loan calculator


Loans through your salary

If you are employed by any of our Payroll Savings Partners, you can have the premium for your loan deducted from your salary.


  • Paying directly from your salary is the ‘painless’ way to pay.
  • Loans paid from your salary receive a 1% per month discount on our normal interest rate

Click here for more information


Secured against savings loan

Fully secured by the money deposited in your share account this loan offers our lowest interest rate of 3.8% (3.9% APR).

Pledging your savings to secure your loan is a great way to get our very best rates if you want to make a purchase and still maintain your savings. It is also ideal if you want to build or repair your credit rating.

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Guarantor loans

If you have been refused a loan by the Credit Union because of a poor credit record but we feel you still have the ability to repay a loan, we may ask you to provide us with a suitable Guarantor.

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In order to activate your account we need to receive a minimum payment of £8.00 into your credit union savings account. This will cover the £3.00 annual service fee and the £5.00 minimum savings deposit.
If your loan is approved the funds will be deposited into your savings account with us. If we have not received the £8.00 minimum payment this will be deducted automatically at that time.

Loan repayments can be made the same way as making a deposit into your savings account. This can be through our offices and collection point, your bank or building society or via payroll deduction.

When making a decision on a loan application we will contact Credit Reference Agencies. For more information on this click here.

If you are having problems with existing debt then visit our Financial Health page.

If you have any other questions see our Frequently Asked Questions page.



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