Our company is no further offering CUOK payday advances
At the time of 18 May 2020 our CUOK payday loans have already been discontinued. Nevertheless, we nevertheless offer a selection of options if you’re trying to borrow small amounts of cash. You can make use of our loan calculator below to use for financing via our loans that are main, that may just just take 7-14 times to process.
Or, you to borrow quickly whenever you need to, our new Family Saver and Salaryflex schemes could be right for you if you’re looking for a more flexible lending option that enables.
Calculate a Credit Union loan
Who can use?
Current users can put on for the loan whenever you want. Presuming you reside within our typical relationship as they are entitled to participate, it’s also feasible to become a part in the exact same time as you submit an application for a loan.
Certain items and promotions are just ready to accept individuals who have been a part for a specific time frame, have amount that is certain with us, or that are enrolled in payroll deduction.
The program procedure
Our application that is online form straightforward, and really should simply simply take about fifteen minutes to accomplish. Before you start, it really is well worth getting your insurance that is national number, in addition to a photograph or scan of the payslip and bank statements. You might be expected to deliver these within the procedure.
As soon as your application happens to be gotten, it’ll be looked over with a known user of our loans team, that will utilize the information you have supplied to determine whether or otherwise not we are able to accept the application. This could easily just simply take 7-10 times. We are going to upgrade you by SMS and let you understand the end result if this step is complete.
In the event your application is authorized, you will be expected to signal that loan contract setting out of the regards to your loan, including details including the amount to be lent therefore the payment period.
After the loan contract is signed, we are going to move 
the funds to your account within 2-3 business days. Loan repayments will take place on then the date and through the technique agreed.
Am I going to be accepted?
We will come to a decision centered on exactly how much you have got sent applications for, and our evaluation of your capacity to repay. We will do that by at your revenue, spending and credit history. We may ask you to provide bank statements and payslips as evidence of this when you apply.
All loan choices were created by a person, maybe perhaps not some type of computer, and thus we’ll constantly attempt to simply take the entire image into account. Where we can’t approve the total quantity, we might manage to give you an inferior quantity, or a alternate price.
How exactly to use
You’ll use whenever you want utilizing our online application process. Simply use the calculator with this web page to choose just how much you would like to borrow and over what time frame. Then, click ‚apply with this loan‘ to begin with the method.
You may also use in individual in any of y our branches – you should be certain to bring legitimate ID and evidence of target, payslips and bank statements with you.
Important info
This summary is for illustrative purposes just, to be able to supply, the borrower, a summary of this cost that is potential of. All loan choices and real prices are based mostly on individual circumstances and credit guide information supplied to us by Credit Reference Agencies.
Require an illustration that is personalised. Loan services and products might be withdrawn at any right some time are susceptible to supply during the time of application. London Mutual Credit Union can not be held accountable for almost any errors or omissions.