A Security Loan is ideal for members who have saved regularly and have a need for a lump sum for a planned or unanticipated event.
Rather than withdraw your savings, leave them safe in your CroydonPlus account and borrow against them at a reduced rate.
APPLICATION CRITERIA AT A GLANCE:
Borrow up to the balance of your savings
Members must have made at least 3 month’s deposits
No minimum savings required
Yearly APR: 5%
The easiest way to apply for a Security Loan is to APPLY ONLINE
If you would prefer you can download the form below which should be completed and returned to us at
firstname.lastname@example.org along with copies of two months bank statements.