If you’re still on the hunt for that perfect stocking filler, Credit Union Christmas Loans could be just what you’re looking for.

We’re not saying they’ll tickle your tastebuds more than a Terry’s Chocolate Orange, but they will leave a far better taste in your mouth than some of the other loans out there. Now, we know talking about loans isn’t exactly the most exciting of topics in the run up to December 25th. But they could well be the difference between a stress-free festive season or one where your calculator ends up busier than an elf on Christmas Eve.

It’s no secret that Christmas’ are costing more and more. It wasn’t that long ago that children were happy with a yo-yo, the annual Beano, and maybe a bicycle. Now it’s PlayStation 5s, Xboxes, iPhones, iPads, the latest North Face jacket. The list is endless, and increasingly expensive…and that’s before we start buying gifts for all our other loved ones.

Thankfully, Credit Union Christmas Loans are renowned for helping spread out these costs, allowing you to concentrate on what matters most this December. Here’s all you need to know.

Are you worried about hefty New Year loan repayments?

One of the scariest things about applying for a loan is working out whether or not you can afford the repayments. There’s not much point in spreading out all that festive spend, if you’re then going to spend 2022 consumed with worry desperately trying to make each monthly repayment. When it comes to Credit Union Christmas loans – or any of our loans for that matter – we tailor repayments to suit your financial circumstances. This way you not only know how much you have to pay, and when you have to pay it; you know you can pay it.

Loan repayments can be made by standing order or a direct benefit payment such as Child Benefit, Universal Credit or Tax Credits. And don’t worry if time is of the essence – yes, we’re looking at those who will be leaving their Christmas shopping right up until the last minute – loan decisions are generally made within 24 hours. And once signed, the money will be in your account that same day.

Saving Christmas this year, saving for Christmas next year

We want Christmas Credit Union loans to be just for Christmas, not for life. That’s why we are always encouraging our account holders to save.

Our £500 Family Loan & Saving Scheme, for instance allows you to use your child benefits to make repayments, while saving deposits. Affordability is assessed without need for a credit check, too.

Our free-to-open Christmas Savings Account is another option worth considering. This account enables you to save throughout the year with withdrawals only permitted during November and December, meaning that Christmas savings really are just for the Christmas period. This year, account holders saved a staggering £273,000, which equates to some rather plump turkeys being bought in the next few weeks.

If you have any questions around Credit Union Christmas loans, savings accounts, or any other financial matters,  give us a call on 01282 691333.