Loans

Whatever the reason, we are here to help

Fair, affordable loans when you need them the most. Borrow from £50 - £15,000 from 5.9% to 42.6% APR.

Personal Loan

Personal Loan

£50 - £15,000 from 5.9% to 42.6% APR
Credit Builder Loan

Credit Builder Loan

Poor credit? Don’t panic. Borrow up to £500
Payroll Savings Loan

Payroll Savings Loan

Employed by one of our payroll partners? Get a 1% discount on our loan rates

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 £50 - £2,000 @ 42.6% APR
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.

Family Loan

Save as you borrow

Help spread the cost of whatever your family needs with our Family loan. borrow up to £1,000 and pay back through your child benefit at a fixed rate of 35% APR.

The benefits of borrowing from Cambrian CU

A minimum borrowing amount of only £50 with affordable interest repayment rates

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 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!

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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 and the minimum amount £50. 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
  • Council tax bill.

3 months proof of address are 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.