Secured Loan
0.69% per month (8.3% APR)
For members wishing to borrow an amount equal to, or less than, their savings balance. Leverage your savings with an affordable loan and continue to grow savings while repaying the loan. take a secured loan. It's quick, easy and you'll continue to benefit from our Free Life Insurance and Loan Life Insurance up to £15,000.00 (subject to age, health and terms)
Apply NowMaximum Loan Term :
8.3%
8.3%
8.3%
This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.
- Build your savings as you repay your loan
- No early repayment or arrangement fees
- Competitive interest rate.
- You can apply if you have no credit history.
- You can apply if you have a low income.
- Free loan protection insurance.
You can apply for our Secured Loan, online via Members Area or by downloading the application form and returning to our office. You may also request a loan application from our office should you not be able to apply online or download the application form.
- Be 18 or over
- Be a member of Discovery Credit Union.
- No proof of income is required.
Loans are subject to affordability. Terms and Conditions apply. Please see our Lending Policy and Borrowing FAQ for more information.
