Saver loan
Open to existing members only
Borrow up to £15,000
Repay over up to 60 months (5 years)
You need to have saved with us for at least 3 months
Your income needs to be at least £500 per month
For your first loan you need to have saved half of what you want to borrow, e.g. if you want to apply for £800 you need £400 in savings
You can not withdraw the savings used to secure the loan until you owe less than what is saved