Glasgow Credit Union loans are exclusive to members and come with a range of added benefits. Personal loans are available from £500 up to £25,000. If you’re not already a member and would like to borrow straight away, you can begin a loan application and apply for membership at the same time.
Benefits of borrowing with us
Instant loan decision
No early repayment fees
Quick and easy online application
Fixed repayments over 1 to 7 years
We help you to grow your savings alongside your loan repayments
Clear interest rates which are guaranteed not to change after application
Whether you’re buying a new car, a new kitchen or booking a holiday, you’ll benefit from our lowest rate of 5.9% when you borrow between £7,500 and £14,999.
You will receive an instant decision on your loan, which will be followed by a confirmation email. In some cases, we may need you to provide more information to help us make a decision.
Loans are exclusive to members aged 18 and over, who must save at least £10/month along with their loan repayment. If you’re not already a member, it’s free to join at the start of your loan application. To be able to join, you need to live or work in a G postcode.
All loans are subject to status and meeting our lending criteria. View all loan rates.
*In the event of your death, your loan will be paid off in full. Restrictions apply.
Please check first that you are eligible to apply:
You are aged 18 or over
You have a UK bank account in your own or joint names
You are a permanent UK resident
You have never been bankrupt or had a Court Decree
To complete your application you will need:
Your current employer's address details
Details of monthly income and outgoings
Bank or building society details (sort code and account number)
To enable us to make a decision on your loan application we will contact Credit Referencing & Fraud Prevention Agencies. This will register a search against your credit record and if your application is successful we will share the information we hold for you with these agencies. Further details are available in our Privacy Notice
It is important that you read the Privacy Notice document above. If there is anything that you do not understand, please contact us.
Please be aware that the longer you take to pay back a loan, the more you will pay back in interest. If you go for a shorter term your monthly repayment might go up, but you'll save in interest and pay back your loan faster.