Loans

Our Loans

We have loans to suit your needs, whether you're wanting to finance a major purchase like a new kitchen or car, consolidate existing debt, a modest sum to cover Christmas or the cost of school uniforms. Borrow between £200 and £25,000, with up to 10-year repayment period from 7.9% - 42.6% APR.

Personal Loan

Personal Loan

Borrow up to £15,000 from 7.9% to 42.6% APR.
Moneyworks Payroll Loan

Moneyworks Payroll Loan

Borrow up to £15,000 and pay back directly from your salary.
Green Cash Back Loan

Green Cash Back Loan

Borrow between £5,000 and £25,000, with up to 10-year repayment period
Debt Consolidation Loan

Debt Consolidation Loan

Borrow between £3,550 and £15,000, with up to 5-year repayment period

Unlock the exclusive benefits available to you by becoming a member today and join our credit union supporting the community.

Loan calculator

Apply for a loan today with interest rates that suit you!

Borrow between £200 - £15,000
Maximum Loan Amount :
Maximum Loan Term :

£

Term

Repayment Frequency
£
APR
42.6%
# Repayments
Total
£
APR
42.6%
# Repayments
Total
£
APR
42.6%
# Repayments
Total
£
APR
42.6%
# Repayments
Total

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary. We may need to alter an applicant’s Loan product due to affordability or other circumstances. In this instant our loans team will contact you and keep you up to date with your application.

The benefits of borrowing from Cambrian CU

Borrow up to £25,000

Easy application online or in branch

No early repayment fees or penalties and no hidden fees

Repayments are flexible and tailored to suit the individual’s needs

Interest is charged only on the outstanding reducing balance

We usually process applications within 3 working days, as long as we receive the relevant uploaded documents

Loans FAQs

Have a question? Check below to see if it is answered in our Frequently Answered Questions.

How much can I borrow?

You can apply to borrow as much or as little as you need. Our maximum unsecured loan is £15,000. All loan decisions are based on your income, expenditure and your ability to repay.

Can I apply for a loan straight away?

You can become a membership and apply for a loan at the same time. Cambrian Credit Union does not currently require a member to save before they apply for a loan.

How long will a loan application take?

We process our applications as quick as possible as long as we receive the relevant uploaded documents.  The quicker we receive your documents, the quicker we can approve your application!

What documents do I need to apply for a loan?

To apply for a loan we require:

Up to date photo ID

  • Passport
  • Driving License

Proof of address

  • Benefit letter
  • Tenancy agreement,
  • Utility bill dated within 6 months
  • Water Bill dated within 12 months
  • Council tax bill.

Bank or Building Society statements dated within 3 months will also be required for your application.

If you don’t have photo id don’t worry, we may require additional proof of address information.

Can I repay my loan early?

Yes, you can repay your loan in full at any time without penalty. You can also make additional deposits to reduce the value of your outstanding loan at any time – again without penalty.

Are there any membership fees?

Every member of Cambrian Credit Union must keep £5 in their share account at all times. – annual membership fee of £3 taken on the anniversary of joining the credit union.

Warning: Late repayment can cause you serious money problems. For help with your account please contact our team on 0333 2000 601 or visit www.cambriancu.com. For financial advice visit www.moneyhelper.org.uk