The loan amount/interest rate will be offered based on the information provided in your loan application, external credit check, your personal circumstances and other related factors.
 

Subject to all the relevant documents being submitted and loan application being completed correctly. It should take 7-10 days to reach a decision.

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Interest rates from 19.56% to 42%
 

PLEASE NOTE

STANDARD LOANS ARE SET AT 19.56% BUT THIS MAY INCREASE TO EITHER 26%, 33% OR 42% ONCE WE HAVE REVIEWED YOUR LOAN. STANDARD LOANS OFFER A MORE FLEXIBLE LOAN PRODUCT WHERE SAVINGS ARE NOT THE MAIN CRITERIA BUT BASED ON AFFORDABILITY AND CREDIT HISTORY. ONCE YOUR APPLICATION HAS BEEN REVIEWED YOU WILL BE NOTIFIED OF THE % AND YOUR MONTHLY/WEEKLY PAYMENTS.
 

WHEN YOU APPLY, THE LOAN CALCULATOR WILL ONLY SHOW THE MONTHLY/WEEKLY REPAYMENTS FOR 19.56%.
 

Application Criteria:
 

• You must be a member.

• You must have some savings with us.

• You must be 18 years of age or older to be able to apply for a loan.

• You must live or work in Hertfordshire.

• Minimum borrowing term: 6 months

• Maximum borrowing term: 36 months

• Please note that all applications are subject to a Credit Check and a review by the loans committee to consider your individual circumstances to make a final decision on your loan being granted.

• You can borrow between £100 and £5,000, dependent on status.

• Interest rates 19.56%, 26%, 33% or 42% once loan has been reviewed.

• As part of the terms and conditions loans can only be paid off in full six months after the loan is issued.