Personal Loans

Whether you need a loan for an unexpected expense, a holiday, to help out with the costs of Christmas or to help finance a new household item; Community First Credit Union is here to help, offering fair and affordable loans for a variety of purposes that are built around your needs.

Each application is assessed by our Loan Officers for affordability and you can be sure your personal circumstances are taken into consideration. As such, we will never encourage you to borrow more than you can afford and our loans are tailored to your needs.

Loan calculator Apply for a loan
I would like to borrow
and pay it back over
  • Every Week Total Total Interest Payable
  • Every 2 Weeks Total Total Interest Payable
  • Every Month Total Total Interest Payable

The figures given are for illustrative purposes only. Actual Interest rates may vary subject to loan amount and status. Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.

Who Can Apply?

Anyone can apply for a loan as long as they meet the following criteria:

  • You are a member of the credit union.
  • Over 18 years of age.
  • Have an established electronic payment into your credit union savings account – this can be done in numerous ways such as standing order, payroll deduction from your employer, having your wages or benefit payments paid directly into the account.

How to Apply?

If you’re not already a member of the credit union you can join at your nearest branch, or by completing our online application

Join online

Apply Online

You can apply for a loan online through the member’s area and logging into your account. The application should be fully completed to the best of your abilities ensuring you detail any circumstances that will help us to assess the application to the best of your needs.

Member login

If you aren’t currently registered for online banking and are wanting to sign up to this option then follow the below link to get registered.

Online banking registration

Apply in branch

You can also choose to apply at any of our branches or outreach centers, where a member of our team will be able to assist you in person if required.

All our branches will have application forms available to complete, or if you prefer you can download a version of the application to complete at your leisure by clicking the below link.

PDF loan application form

All our applications will need supporting documentation to help assist us in assessing affordability, please ensure any application you complete you include the following that apply to you:

  • Last 2 months’ worth of bank statements for all accounts you hold to prove your household income and expenditure (including savings accounts).
  • Proof of housing benefit and/or council tax benefit.
  • Proof of any other creditors.
  • Proof of deductions from benefits.
  • Universal Credit breakdown of award entitlement.
  • Any other relevant supporting documents.

We aim to give you a decision on your application as quickly as possible but at times, especially peak times, this may not be possible and may take up to 5 working days to get a decision back to you.

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