Tenancy Saver Loan - part of our Coronavirus Response
Gateway Credit Union is working with other Welsh Credit Unions and the Welsh Government to help people who have got behind with their rent as a result of the pandemic.
The Gateway Tenancy Saver Loan is an unsecured loan for tenants who:
If you qualify, we will verify the tenancy and make payment to your landlord once you have signed the loan agreement. You will become a Gateway Credit Union member and make regular loan repayments to Gateway Credit Union. You must also keep your savings account with Gateway open and are encouraged to save regularly. You will have all the benefits of credit union membership such as Christmas savings, life insurance on your loan and access to future credit.
To go to the Credit Unions of Wales eligibility checker click here
If you would like to apply, please contact use our normal loan application here and let us know by phone or email that you wish to apply for a Tenancy Saver Loan and not our normal loan products. Please note, the interest rate for Tenancy Saver Loans is 1%APR. (much lower than the standard rates quoted in the online application). Call us for a loan example.