PREMIER LOAN

The Premier Loan is designed to encourage members with a good savings history to consider CroydonPlus Credit Union instead of other high-street lenders when borrowing for larger purchases. It is designed for the borrower with a need for a larger sum of money than is normally available through other loan products. The loan could be used to fund major purchases or projects such as a car purchase, study fees, home improvements or any other large one-off expense.

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APPLICATION CRITERIA AT A GLANCE:

  • Membership qualification: 12 months

  • Minimum savings: £2,000

  • Minimum loan: £5,000 above savings

  • Maximum loan: £7,500 above savings

  • Yearly APR: 12.7% (1% monthly)

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The easiest way to apply for a  Premier Loan is to APPLY ONLINE

 

If you would prefer you can download the form below which should  be completed and returned to us at

loans@croydonplus.co.uk along with copies of two months bank statements and two months payslips.

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