Personal Loans

Personal Loan

Access the money you need to make some home improvements, take that dream holiday or even upgrade your car.

Our loans are much more affordable and safer than payday and doorstep options and very competitive with many you’ll find on the high street.

What works for you is good for your community too. Unlike other lenders, we don’t line the pockets of large multi national shareholders.  The interest on your loan only benefits members in our local community.

We’re on your side, we’ll always consider you for a loan even if you’ve been turned down by other lenders.

Interest Rates

Representative Example

£3,000 over 24 months =£150.50 per month.
(Approx Total Interest £612.00)

You can apply for a Personal Loan in 2 ways:

  • Online

  • In Person 

Follow this link – Activate Account and apply online via our Mobile App.

Download our app from 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

*Please note that we will be unable to process your loan without proof of income. Please email your proof of income to 

In Person

If you wish to apply for this loan in our office you will have to complete a loan application form, please see Loan Application Checklist below for what you will need to bring with you.

Failure to bring the correct documentation for the loan will result in a delay.

We can only accept loan applications that have the correct proof of income.

Terms & Conditions Apply

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

Loan Value – Minimum amount £500.

To view our Loan Policy Click Here

You must NOT be using a 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.

Direct Debit must be set up before loan is allocated, a member of our team will call you to set this up once the loan has been assessed.

Loan applications may be subject to a credit search

1st Credit Union loan must be cleared in full before you can apply for another loan. 

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

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

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.