Our Family Loan scheme lets you borrow for your family expenses and use your Child Benefit allowance for the repayments.

Apply for your Family Loan

Apply for a PCCU Family Loan today, with competitive interest rates and repayments especially tailored to suit your financial circumstance.

Apply Now

How much can I borrow?

Up to £500.

Save as you borrow

With our Family Loan, you can save for holidays, Christmas or any of life’s little luxuries at the same time as repaying your loan.

What do I need?

Be aged 18 years old or over
Be receiving Child Benefit and agree to have this paid into your account with Pennine Community Credit Union
Complete a simple loan application with a friendly member of staff
There is no need to be an existing saver
Repayments tailored to suit you. Simply choose how much you need to borrow and discuss how much you want to put in your savings account each week

If you do apply for a loan we’ll turn the application around as quickly as we can. That means a maximum wait of just two days, although we try to reach a decision in just 1 working day, providing all the information we need has been provided. If your application is successful, we can make a same day BACS payment or an Engage prepaid card upload.

Apply for your Family Loan

Apply for a PCCU Family Loan today, with competitive interest rates and repayments especially tailored to suit your financial circumstance.

Apply Now

How does a PCCU Family Loan compare?

Representative Example	Amount Borrowed	Number of Weeks	Weekly Payment	Representative % APR	Total Paid	Cost of Credit
PCCU	£500	52	£11.50	42.6% APR Representative	£596.92	£96.92
Provident	£500	52	£18	299.3% APR Representative	£936	£436

Figures correct as at 20th September 2017

Need to borrow more than £500?

No problem – PCCU issue loans up to £15,000. Click here to contact one of our highly trained members of staff who will be more than pleased to guide you through our step-by-step loan application process.

What other benefits does the Family Loan have?

As a responsible lender loans are subject to an affordability check and a free money health check
A positive boost to your credit rating when keeping to your agreed repayment schedule
Loan decisions by people not computers
No setup fees or early settlement penalties
FREE life insurance (subject to rules), so in the event of your untimely death your loan would be paid off
Saving accounts fully covered by the Financial Services Compensation Scheme up to £85,000

All PCCU account holders have access to the secure ‘Online Account’ area. Where you can check balances, request withdrawals and apply for loans.