SAVER LOAN

The Saver Loan is our most popular loan. This loan is designed to encourage members with a good savings history to consider the CroydonPlus Credit Union instead of other high-street lenders when borrowing for larger purchases.

 

APPLICATION CRITERIA AT A GLANCE:

  • Membership qualification: 3 months

  • Minimum savings: 3 regular monthly payments (No minimum deposit)

  • First loan up to £1,000 above savings (Minimum loan: £200)

  • Maximum loan: £4,500 above savings (subject to saving and loan history)

  • Yearly APR: 19.6% (1.5% monthly)

The easiest way to apply for a Saver 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 pay slips.

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