If you are looking for an affordable loan, with competitive interest rates and repayments especially tailored to suit your financial circumstance – look no further than a PCCU loan.

PCCU has provided £50 million in loans to the community over the past 36 years. As we are a co-operative you can be assured that loans are designed purely for the benefit of account holders and not external shareholders.

You can apply today online, or contact a member of staff to talk about and arrange a loan application. There are NO requirements of loan applicants already being account holders, savers or previous borrowers. There are many benefits to a PCCU loan;

Rates between 1% and 3% interest per month on the decreasing balance (12.7% APR – 42.6% APR) – so the interest is always reducing
Loan decisions by people not computers
NO setup fees
NO late payment penalties
NO early settlement penalties

By carefully assessing each applicants personal circumstance, we make loan decisions on affordability and tailor repayments to suit you
FREE life insurance (subject to rules), so in the event of your untimely death your loan would be paid off
Even if you already have a loan, you can still apply for a top up loan

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If you are looking for an affordable loan, with competitive interest rates and repayments especially tailored to suit your financial circumstance – look no further than a PCCU loan.

There are many ways to repay a PCCU loan including;

Standing order
Straight from your wage through our Payroll Deduction Scheme
Through a direct benefit payment such as Child Benefit, Tax Credits etc.
Card payment
Cash payment at one of our three town centre branches

Every loan application is looked at individually by highly trained members of staff, in a confidential and understanding manner.

We endeavour to look at every application for loans at PCCU, however in circumstances where applicants have entered into a bankruptcy or an IVA (individual voluntary arrangements), or are currently in a debt management plan or DRO (Debt Relief Order) it unlikely that we would be able to provide a loan.

If we are unable to offer an applicant a loan, they are still welcome to save at PCCU. There are a number of organisations that may be able to offer help or advice on debt if we cannot approve a loan application.

Citizens advice https://www.citizensadvice.org.uk/

StepChange debt charity https://www.stepchange.org/