There’s two very good reasons why ‘Christmas loan’ is now searched for more than ever at this time of year.
First of all, our beautiful little elves.
Christmas is a magical time for all the family. It’s an opportunity to reconnect with loved ones, to reflect on the last 12 months, and, of course, to eat as much food as possible.
But for children, it’s even more special; a chance for them to finally get their hands on all those toys they’ve been patiently waiting and wishing for.
Playstation 5s, Lego, Jiggly Pets, a Disney Princess Enchanted Princess Castle Playset. We don’t need a calculator to work out that fulfilling these wishes can quickly turn our bank balances redder than Rudolf’s nose. A cost that – second reason here – is getting ever harder to budget for.
The cost-of-living crisis is gripping the UK tighter than the chilly embrace of Jack Frost is right now. And that grip doesn’t look like it’s going to be loosening anytime soon.
Which is why a ‘Christmas loan’ could be more important than ever this year.

What is a PCCU Christmas loan?

We want the festive period to be filled with happy memories, not financial stress, and worry.
A PCCU Christmas loan helps do just that, spreading the joy of Christmas by spreading the cost of Christmas.
Whereas other lenders may turn you down because of less than perfect credit, or leave you battling extremely high interest rates, PCCU offers competitive rates, coupled with repayments specially tailored to suit your financial circumstances.
On top of this, we provide both small and larger loans to suit everybody’s Christmas.
Take our £500 Family Loan scheme, which lets you borrow for family expenses (there’s nothing more ‘family’ than Christmas) and use your Child Benefit for the repayments. We assess affordability with no credit check and provide account holders an opportunity to build savings.
We know what you’re thinking – what’s the catch?
There isn’t one. You don’t even need to leave the comfort of your own home.

How do I apply for a PCCU Christmas loan?

Applying for a PCCU Christmas loan has never been easier.
The whole process can be done online, either through our Online Accounts Area or via the secure Nivo app.
You can also send us bank statements, if required, through the app, or through Open Banking.
Once your application has been submitted, we’re committed to processing it as quickly as possible. We’re not quite Father Christmas on Christmas Eve fast, but we aim to reach a decision within 24 – 48 working hours, as long as all the information we need has been provided. If your application is successful, we can then make a same day BACS payment.
There are no hidden fees, no surprise charges, and no early payment penalty fees, meaning you can pay off your loan whenever you wish, and get started saving for next Christmas.
And if you want to speak to us about anything, just ring 01282 691333. One of our friendly and experienced staff will be more than happy to help.