Right Way Credit Union
41 High Street, Paisley

Tel: 0141 889 7442
email: info@rwcu.co.uk
Fax: 0141 848 6813

Family Loan







Have your child benefit paid into Right Way Credit Union to access our Family Loan…

Let Right Way Credit Union help you plan for all those costly family events, from school uniforms to Christmas.

By having your CHB paid directly to the credit union you could potentially access an immediate loan of up to £1,000 (Terms and Conditions Apply) to help with the cost of raising a family or to get organised for Christmas.  

To apply for this loan, follow these simple steps – 

1. Apply for the loan 

If you wish to apply for this loan, you can register for online access following this link "Activate Account" and apply via our Mobile App.

To download our App, please click on the links below - 



Along with your loan application we require your proof of income. This includes 2 months bank statements which you can provide through open banking by clicking here

Alternatively, you can send copies of your bank statement and other proof of income via email info@rwcu.co.uk  


*Please note that we will be unable to process your loan without proof of income. Please email your proof of income to info@rwcu.co.uk or follow the consent link.

2. Approved in Principal  

Once Right Way Credit Union has received your application, you will receive an email with instructions on how to update your bank details with the Child Benefit Agency. Your loan will be approved in principal until the CHB payment has been paid into your Credit Union account. 

3. Loan Agreement

Once your CHB payment has been received by the credit union, you will then be emailed out your loan agreement to sign.  

4. Funds Transferred

Once the loan agreement has been signed and returned we will pay the funds into your bank account. 


Terms and Conditions apply 


You must be 18 or over to apply for a loan.

You must NOT be using debt Management Company or are in the process of being declared bankrupt or entering into a Trust Deed or a Debt Arrangement Scheme as we will not be able to process the loan.

Loan applications may be subject to a credit search. 

Loan repayments will be made directly from CHB payment.

Typical APR -  34.5%

£1,000 over 12 months = £100 per month (Total Approx Interest £166.00)

When you have a loan running your savings are held as security against your loan, this means that no share withdrawals can be processed whilst your loan balance is higher than your savings balance, for more information please send us an email to info@rwcu.co.uk

After applying we will require you to supply proof of your income; please see checklist above for what proof of income will need to be provided.

You can also use the secure message service on your online account to contact us. 

For more information and further terms and conditions, please contact the office on 0141 889 7442 or you can send us an email to info@rwcu.co.uk 

If you have received arrears letters on your current loan this may affect any future borrowing. It is your responsibility to ensure your loan is paid up to date. If you are in financial difficulty, please contact us on 0141 889 7442.


More Information


Annual General Meeting 21.04.21