IMPORTANT - WE ARE HERE TO HELP MEMBERS DURING THE CORONAVIRUS PANDEMIC
WE HAVE NOW SUSPENDED OUR STANDARD LOAN EMERGENCY FACILITY. sTANDARD LOAN CRITERIA NOW APPLIES. (SEE BLEOW)
We want to help members during this difficult time, as such we are allowing all members to apply for our Standard Loan as an emergency credit facility. To do this we have suspended the pre-requisite criteria to make this loan accessible to all members and have removed the restrictions on how many times you can top-up your loan.
We have made these changes because we understand that due to financial stress Covid-19 is having on everyone in our community.
We will still assess whether your affordability of the loan, your credit history (via third party credit reference agencies) and lend in accordance to our internal loan policy. But as always we look at your individual circumstance as well.
TALK TO US
We are here to help our members, therefore, if you have any questions about the above or any other questions relating to being a member with Crownsavers or how we can help you do not hesistate to contact us:
Our Standard Loan is a great product which allows members to borrow up to 3x their savings, to a maximum of £10,000. This loan can be topped up if needed. You can apply to Top-up your Standard Loan with a Top up Loan once you have repaid a third of the original loan. Repayment schedules will be based on members repaying the full amount plus any outstanding balance on the previous loan within the remaining length of original loan.
To apply for this loan click here
Crownsavers Credit Union Is a Registered Deposit Taker