Savers Loans
To be eligible for our Savers Loans of £2,001 - £15,000:
- Have accumulated natural savings of at least one third of the amount you wish to borrow to use as collateral
- Understand that your savings collateral is not accessible while your loans is outstanding
- Have in excess of £150pw income
- Have a good recent credit history
- Be willing to make repayments by standing order, payroll or benefits. For a quick decision we require the latest two months bank statements (or open banking) and payslips
Maximum Loan Term :
18.9%
18.9%
18.9%
Disclaimer: this calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. Please note that this calculator only provides an indicative quote and actual repayments may vary.
Online Application Process
The online application will take roughly 15 minutes. As part of the process, we will ask for some information like your address history, your employment situation, and your current household income & expenditure.
- Apply Online
- Loan Decision
- Offer & Agreement
- Payment
Not a Member?
We serve our members by providing a safe and secure place to save their hard-earned money while providing access to affordable loans. London Plus CU offer members the chance to have control over their finances by making their own savings work for them.
If you fit our membership criteria, join us today!
