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Personal Loan

Personal Loan

Personal loans up to £10,000 are offered to members with sufficient income to afford the loan and a fair to good credit record.

Personal Loan representative examples:

Loan Size

Loan Term (Mths)

Weekly payment

Total cost of credit

Monthly payment

Total cost of credit

Interest rate % (APR)

Minimum weekly net income *

£500

12

£10.84

£564

£47.28

£568

26.8

£150

£1,000

12

£21.68

£1,127

£94.56

£1,135

26.8

£150

£1,500

24

£18.20

£1,891

£79.31

£1,904

26.8

£300

£2,000

24

£23.28

£2,422

£101.40

£2,434

19.6

£300

£3,000

24

£34.92

£,3632

£152.10

£3,651

19.6

£300

£4,000

36

£30.57

£4,765

£132.86

£4,783

12.7

£450

£5,000

36

£38.21

£5,960

£166.08

£5,978

12.7

£450

£7,500

48

£42.97

£8,937

£186.64

£8,959

9.4

£450

£10,000

48

£57.30

£11,916

£248.86

£11,945

9.4

£450

* Net Income is the amount of pay you receive each month, after tax and any other deductions. Salary / wages is counted as income. For loans under £1,000 most state benefits may also be counted. However, Housing Benefit / Local Housing Allowance is not counted as income for loan purposes.

Apply on-line or Download Loan Application Form 

Fast Track Application (max £500) Top-up to existing Personal Loan

 

 

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Lewisham + Bromley Credit Union Director's Area

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Lewisham Plus Credit Union Limited is a member of the Financial Services Compensation Scheme (FSCS), complies with the Data Protection Act 1998 and is Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Firm reference number 213588. Credit Union Registration Number 295C (IP00295C at Companies House).

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