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Loans

Our affordable loans are available for just about any purpose – a new car, children’s savings, computer, holidays, weddings, Christmas expenses or home improvements.

Our rates are competitive, fair and affordable.

Every loan comes with an inclusive bereavement benefit for peace of mind without the added expense*.

We make loans of anything from £100 to £25,000 and the amount you can borrow and the interest rate we will charge will depend on your circumstances.

Our rates vary from 8% APR to 26.8% APR and are only charged on the reducing balance of your loan.

This means we only charge interest on the amount you still owe us. So, as you repay your loan the amount of interest you pay will reduce. On top of this, we don't charge early repayment fees.

Get in touch if you want to find out about a Personal Loan, Green Loan, Consolidation Loan, and much more.

*This payment applies to all Commsave members, provided their account is not dormant and they are up to date with repayments on any Commsave loan they have.

FAQs

You can apply as soon as you receive your membership number. Sign up here.

You will need to sign up for an online account to apply via to website and app or you can give us a call on 0303 0402 660. 

We aim to get your decision as quickly as we can, with over a third of our applications receiving an instant decision. However, it can take 2 to 3 days during our busiest periods, like Christmas, or if we’ve asked you to provide some additional information.

You'll receive texts and emails keeping you up to date with the progress of your loan, including if we need you to do anything, like send documents to us.

Make sure your contact details are up to date by checking the details in your online account – go to the ‘update personal information’ form under the ‘loans and services’ heading.

Ready to join?

You can check out who’s eligible to join here

If you’d like to join us, simply fill in our application form to get started!