Loans
Credit Unions are not for profit, member owned financial co-operatives that exist for the benefit of a group of people who share a common bond. In the case of Thistle Credit Union, our membership consists of people living, working or studying in the West of Scotland.
At Thistle Credit Union we encourage our members to borrow sensibly and only what they can afford to repay. We assess every loan application on an individual basis and will try our utmost to help where possible, however we will not approve a loan if we believe you can’t afford to meet the repayments.
Why Choose Thistle Credit Union?
- Not for profit
- Member owned
- Community focused
- Lower than average APR rates
- Manage your account on our app
- Committed to keeping branched open
Types of Loans Available*
Loan Protection is built into your loan when you borrow from your Credit Union. It offers you the security of knowing that in the event of your death, your loan will be cleared*
* Subject to T&C’s. Cover limits vary and certain restrictions apply based on age and cover. Please ask to speak to a member of staff for individual limits and restrictions or click here to find out more.
How Do I Apply?
Loan applications can currently be made by applying via our:
If you’re applying online we’ll need you to send us through your last three months bank statements and proof of your income i.e. your most recent wage slip or benefit letter. You can send this by email to staff@thistlecu.co.uk or by post to our main office. We’ll call you when the loan is ready or if we need some more information, from there you’ll need to drop by one of our offices to sign some paperwork.
If you’re applying in one of our offices just fill in the loan application form, don’t worry if you don’t have a printer you can pick them up at any of our offices. We’ll take your loan application and other supporting documents from you and from there we will be able to advise you on how long it may take us to process your application.
You should also bring with you some form of ID to allow us to confirm your identity.
The Small Print
No loan is guaranteed and is subject to terms and status, for more information about our loan terms and conditions click HERE.
*1 Subject to terms and conditions. Certain restrictions apply based on savings balance and on age at death or age when savings were made. Each Credit Union has individual limits and restrictions which may vary over time. Ask your Credit Union for details about the Life Savings protection they provide.
*2 Subject to terms and conditions. Cover limits vary and certain restrictions apply based on age and cover. Please ask your Credit Union for individual limits and restrictions.
*3 Max £1,000 over a 12 month period at 42.6% APR