Budget Loans

Our budget loans are designed to help you spread the cost of annual expenses, taking the stress out of recurring costs like car and home insurance, back to school costs and road tax. Let us know how much you’ll need over the year (between £500 and £3,000) and once approved, we’ll make that amount available for you to access as required throughout the year.

Benefits of our budget loans

  • Low 17.9% APR on credit limits of between £500 and £3,000
  • Fast easy access to your funds
  • No need to reapply for a loan every time you need more funds
  • Pay interest only on what you borrow
  • No setup charges, early settlement charges or hidden fees
  • Loan decision made by a person, based on your individual circumstances
  • Text updates on how your loan application is progressing, decision usually made within 24 hours
  • FREE loan protection*

*In the event of your death, your loan will be paid off in full. Restrictions apply.


Loan Amount Representative APR Loan Term Monthly Repayment Total amount payable
£1000 17.9% 12 months £91.01 £1092.07
£2000 17.9% 12 months £181.01 £2184.14
£3000 17.9% 12 months £273.02 £3276.20

Contact Us

For more information, contact us on 0141 274 9933


  • The budget loan is repaid over 12 months with one affordable repayment.
  • Loans are exclusive to Glasgow Credit Union members, who must save at least £10 per month together with their loan repayment.
  • All loans are subject to status and meeting our lending criteria.
  • Calls may be recorded for quality assurance and training purposes
  • The savings balance equal to the value of your loan is used as security and cannot be withdrawn.
  • Terms and Conditions apply
  • View our loan rates