The best way to budget for Christmas is to save regularly throughout the year with our Christmas Savings Club. However, if you’ve not managed to save for the festive period then our personal loans from £500 upwards can provide an affordable option to cover the cost of Christmas.
Benefits of borrowing with Glasgow Credit Union:
- Instant loan decisions
This means you can apply for a loan right up until the morning of Friday 22nd December – but we’d recommend making sure you apply before then in case any proof of address or income is required.
- Clear rates
Our personal loans have clear interest rates which are guaranteed not to change after application. There are also no early settlement fees – so you can clear your loan early without penalty at any point and save on interest.
- Save at the same time as borrowing
When you borrow with Glasgow Credit Union, we encourage you to save a minimum of £10 on top of your loan repayment – enabling you to build a healthy pot of savings to help budget for next Christmas!
- Free loan protection insurance
Our free loan protection insurance provides peace of mind that in the event of your death, the outstanding balance on your loan will be cleared and your loved ones won’t be left paying any debt.
Top up your existing loan
If you’re an existing borrower, you can apply to top up your loan and the money could be in your account on the same day. Plus, we’ll automatically approve your loan without a credit check if you’re topping up by less than £1,450!*
*No credit check will be undertaken if the monthly repayment for your new borrowing total is within £25 of your existing loan repayment. Subject to no changes in your circumstances. Terms and conditions apply. Offer may be revoked without notice. Additional borrowing is not available for debt consolidation.