top of page


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.



  • Membership Qualification: 3 months

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

  • First Loan up to £1,500 above Savings (Minimum Loan: £200)

  • Maximum Loan: £5,000 above Savings (subject to saving and loan history)

  • 26.8% APR for Loans up to £2,999.99

  • 19.6% APR for Loans of £3,000 and over

The easiest way to apply for a Saver Loan is to APPLY ONLINE.

As part of the loan review process all applicants will be required to provide a minimum of 2 months’ bank statements for all currently active Bank Accounts (including savings accounts). The statements must be in a PDF format and can be sent either via email to:, Open Banking or uploaded to the Nivo app. You may be asked to provide further documentation should it be required.

IMPORTANT** If you have an existing loan product, which is up to date on repayments (not in default), you may be eligible to apply for an alternative loan product to better suit your needs.

Our expert team is dedicated to providing personalised guidance, ensuring that you understand all of your options and choose the one that best suits your situation. (Subject to our lending criteria, as well as eligibility and affordability checks.)

All rates and information is correct as of 1st October 2023

bottom of page