Secured Against Savings Loan

If you’re looking for a loan that’s less than or equal to your savings balance, you can secure your loan against your savings and borrow at our exclusive lowest ever rate of 3.9% APR. Your savings will continue to attract dividend payments and free Life Savings Insurance cover (restrictions apply).

Benefits of a Secured Against Savings Loan

  • No credit check required
  • Great low rate of 3.9% APR
  • No setup charges, early settlement charges or hidden fees
  • Continue to build your savings whilst you repay your loan
  • Free loan and life savings protection*

Representative Examples

Loan Amount Representative APR Term Monthly Repayment Total Payable
£500 3.9% 12 months £42.56 £510.62
£1,000 3.9% 12 months £85.11 £1,021.25
£2,000 3.9% 24 months £86.77 £2,082.25
£5,000 3.9% 36 months £147.40 £5,306.31
£10,000 3.9% 60 months £183.72 £11,022.82


Secured again savings loans can only be applied for over the phone. Contact us on 0141 274 9933


  • Loans are exclusive to our members (minimum 3 month membership required) aged 18+, who must save at least £10 per month together with their loan repayment
  • Minimum loan of £500
  • The savings balance equal to the value of your loan is used as security and cannot be withdrawn
  • All loans are subject to status and meeting our lending criteria
  • Terms and conditions apply.
  • If you have difficulty repaying your loan, download our leaflet to see your options

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