Our company is not any longer offering CUOK payday advances

At the time of 18 May 2020 our CUOK payday loans have now been discontinued. Nevertheless, we still provide a selection of choices if you’re trying to borrow small amounts of cash. You need to use our loan calculator below to try to get financing via our loans that are main, that may just take 7-14 times to process.

Or, if you’re interested in an even more flexible financing choice that enables you to definitely borrow quickly once you require to, our brand new Family Saver and Salaryflex schemes might be suitable for you.

Determine a Credit Union loan

Who is able to use?

Present users can put on for the loan whenever you want. Presuming your home is within our typical relationship and are usually eligible to join, it’s also feasible to be an associate in the exact same time as you submit an application for that loan.

Specific items and promotions are merely ready to accept individuals who have been a part for a specific time period, have amount that is certain with us, or who will be signed up for payroll deduction.

The program procedure

Our application that is online form straightforward, and really should simply take about fifteen minutes to perform. Before beginning, it is well worth getting your national insurance coverage quantity handy, in addition to a photograph or scan of one’s payslip and bank statements. You may be expected to give these within the procedure.

As soon as your application happens to be gotten, it will likely be looked over with user of our loans group, who can use the information you have supplied to determine whether or otherwise not we are able to approve the job. This could just take days that are 7-10. We will upgrade you by SMS and let the outcome is known by you when this action is complete.

When your application is approved, you’re going to be expected to signal that loan agreement setting out of the regards to your loan, including details like the add up to be borrowed while the payment period.

Once the loan contract is finalized, we will move the funds into your account within 2-3 days that are working. Loan repayments will take place on then the date and through the technique agreed.

Am I going to be accepted?

We will come to a decision according to simply how much you have got sent applications for, and our evaluation of one’s capacity to repay. We will repeat this by at your earnings, spending and credit history. We may ask you to provide bank statements and payslips as evidence of this when you apply.

All loan decisions are created by someone, maybe not a pc, and thus we are going to constantly make an effort to use the entire image into account. In instances where we can’t accept the total quantity, we possibly may manage to provide you with a smaller quantity, or a rate that is alternative.

Simple tips to use

You’ll use at any time making use of our application that is online procedure. Merely utilize the calculator about this web page to choose simply how much you would like to borrow and over what time frame. Then, click ‘apply with this loan’ to begin with the procedure.

You may also apply in person in virtually any of y our branches – you should be certain to bring legitimate ID and evidence of target, payslips and bank statements with you.

Important info

This summary is actually for illustrative purposes just, in order to offer you, the debtor, a synopsis for the cost that is potential of. All loan choices and actual prices are influenced by individual circumstances and credit reference information supplied to us by Credit Reference Agencies.

Require a personalised illustration. Loan items could be withdrawn at any some time are susceptible to access during the time of application. London Mutual Credit Union may not be held accountable for almost any mistakes or omissions.