SECURITY LOAN

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

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

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