Summer 2021 is looking bright…
You may be planning a staycation this summer or heading abroad, or maybe you’re looking to carry out some home improvements, whatever you’re planning this summer Right Way Credit Union is here to help…
For a limited time (May, June, July and August), members can apply for up to £2,000 over 12 months with our Summer Loan, which can run alongside a Personal Loan (T&Cs Apply).
Example: APR 19.6%
Annual Interest Rate: 18%
£1,500 over 12 Months = £137.53 per month
Total Interest = £150.23
You can apply for a Personal Loan in 2 ways:
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 firstname.lastname@example.org
*Please note that we will be unable to process your loan without proof of income. Please email your proof of income to email@example.com
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.
Standing Order must be in place before applying for Summer Loan.
Must have no arrears on your account.
1st Credit Union loan must be cleared in full before you can apply for another loan.
All loans will be credit checked.
Final approval will be made by Right Way Credit Union.
Saving contribution must be made when repaying loan.
Loan Value – Minimum amount £500.
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.
For members who rely solely on benefits for an income total value of all loans are capped at £3,000.
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 firstname.lastname@example.org
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 email@example.com
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.