If you're a homeowner with healthy finances, we know you'll have lots of options when you come to borrow. We'd like you to choose Gateway Credit Union so we've lowered our rates for unsecured loans for you. Rates start at a competitive 4.9%APR.
To qualify, we'll need to see that:
- You own your own home (outright or mortgaged)
- Your income from employment work or pensions comfortably covers your essential outgoings and you can also afford the repayments
- You have a good credit history
- You are not already over-indebted.
- You want to borrow between £3000 and £10,000 with a maximum loan period of 4 years
(If you apply and we don't think you meet these criteria we may offer the loan at a different interest rate)
Try out our quick and easy loan calculator below
Maximum Loan Term :
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
But you don't just take out a loan, you become a member of a growing financial co-operative, and have access to all our services. By choosing Gateway Credit Union you help us to grow and offer fair financial services to all in your local community.
Why choose us?
In an age of callcentres and automated service we offer a personal service to our members.You can apply online or in one of our local offices. Your application will be handled in confidence by our loans team.
Your loan is flexible;- you can overpay or clear it early without penalties, and there are no arrangement fees to pay. We will tailor the repayment method and date to suit your finances. Unlike other lenders, we don't secure the loan on your home.
We lend for any reasonable purpose;- you might want to buy a car, pay for a wedding or do home improvements.
If you are under 70 when you take out the loan, your loan will be covered by our free life insurance, subject to certain exclusions.
Your loan will come with built-in savings, as all borrowing members are also required to save £15 per month in an 'Attached Share' account, locked until the end of the loan.
You can feel good! By choosing Gateway you will be helping us to grow and offer affordable financial services in your local community.