Secure Loan

Secure Loan

A secure loan is when you borrow equal to or less than the value of your savings, so for example if you have £500 in your savings, rather than lifting out your savings you can borrow them.

£500 over 6 months = £85pm

Total Interest – £9.81

APR 6.9%

Once you have repaid the loan in full, you will still have £500 in your savings.

Interest Rates

Representative Example

£500 over 6 months =£85 per month.
(Approx Total Interest £9.81)

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.

Members are unable to withdraw their savings while they have a loan running, unless the loan balance is lower than the amount that is in the savings account, the member can then lift the difference.

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.

 If you have any queries about this loan then please do not hesitate to contact the office on 0141 889 7442 or email us –