Secured Loans
Our secured loans are ideal when you need some extra money but still want to build on your hard earned savings by borrowing up to the amount held in your Thistle Credit Union account.
Secured loans also help you improve your credit score for future borrowing.
Why Choose a Secured Loan?
Low Fixed
Interest Rates
Spread Repayments
Over 10 Years
Savings Contributions Included
Free Loan Protection Insurance
No Credit History Required
Lowest Interest Rate of 4.9% APR
Required Documents
Documents should be downloaded and emailed to staff@thistlecu.co.uk as a PDF or paper copies handed into a branch.
Payslips and/or benefit award letters for the last three months
Bank statements for the last three months for all active bank accounts
Why Choose Thistle Credit Union?
Not for Profit Focused
Member Owned
Community Focused
Fixed Interest Rates
Savings are Secure
Six Local Branches
Application Process
At Thistle Credit Union, we offer affordable interest rates and are proud advocates of fair and responsible borrowing. Therefore, we assess every loan with care and consideration. We operation on a points based system in order to ensure fairness and that any loan taken out with us will not cause your financial situation to worsen. We assess all applications on a first come first served basis. Failure to repay your loan will impact your credit score and your ability to borrow from us and other financial institutions in the future. Please find the full list of terms and conditions here.
The Small Print
Required minimum savings contributions of £5 per week or £20 per month. A one off top up of 50% of the value of the loan. Once 50% of the topped up loan is paid off, the remaining repayments will then be transferred to a personal loan. No repayment will be made into your account until Thistle Credit Union receives one child benefit payment, therefore we recommend to have your child benefits paid directly into your instant access account.
New to Thistle Credit Union?
Join a growing movement revolutionising how we bank by setting up your Thistle Credit Union account.