Payroll Loan

You MUST be employed to be eligible for this type of loan

If you have an eligible payroll deduction or full wage/salary being paid into your CCU account?  You could be eligible for this type of loan.

(Up to £10,000 Max term:5 years)

Your payroll deduction must match your repayments and savings commitment.

Apply Now

 

Maximum Loan Amount :
Maximum Loan Term :

£

Term

Repayment Frequency
£
APR
42.6%
# Repayments
Total
£
APR
42.6%
# Repayments
Total
£
APR
42.6%
# Repayments
Total
£
APR
42.6%
# Repayments
Total

*APR= Annual Percentage Rate. Whilst every care has been made in the production of this web page, the Credit Union, or any of its staff, cannot be held responsible for any omissions, errors or other mistakes made. This web page is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing. Loans are subject to approval. Terms and conditions apply.

Need more information on this loan or would like to learn about our other loan products? Please contact us.

Thank you for calling me back when you said you would and promptly dealing with all of my queries. I am thoroughly happy with the excellent level of service you have provided.

Natalie from Port Talbot

Fair loans, without nasty surprises

At Celtic Credit Union, all of our loans are set at a fair interest rate, so they don't cost you the world.

Like our Payroll Loan, its fixed at 15% (16.1%apr).  Interested in applying?

  • Register for online access
  • Complete an online loan application
  • Connect your Open Banking
  • Provide any additional supporting documentation
  • Decision back within two working days

Become a Member

Interested in becoming a member of Celtic Credit Union? Click on the link below which outlines the documents required to set up an account.

Apply Online via Online Banking, or speak to us in branch.

*Loans are subject to approval. Terms and conditions apply. If you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating which may limit your ability to access credit in the future.

Membership has many benefits

Flexible & Convenient Loans

Members can take out flexible loans after joining, and repay with tailor-made schedules.

Quality Service, No Fees

You can be assured of a professional service from Credit Union at all times. And you do not pay a transaction fee for saving with us, or borrowing money.

See how your Credit Union Stacks up

Look at how different the costs of a £300 loan repaid over 3 months from Celtic Credit Union are compared to typical payday lenders

Celtic Credit UnionCeltic Credit UnionSatsuma LoansProvident
APR19.6%1261.0%1557.7%
Weekly Repayment£23.64£33.03£33.00
Total Interest£7.29£129.26£129.00
Total Repayable£307.29£429.26£429.00