Get a Credit Union Loan

Our loans have straightforward terms and conditions, do not carry any hidden fees or charges, and are offered with flexible repayment options.

** All figures given on this web site are for your general information only, and give a rough guide to loan repayments. Any statements on this web site do not purport to be authoritative or legally binding. You are advised to check with our offices for up-to-date rates and offers.

24 Months

**Information is correct as at 4/03/2021.
Whilst every care has been made in the production of this information, it is for illustrative purposes only and to give you an overview of the potential cost of borrowing at Carnglen Credit Union Ltd. It does not constitute a loan offer. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing and does not constitute an offer of finance or repayments.

Carnglen Credit Union’s loan book is open!

The two most important things about a loan are being able to borrow the money and being able to repay it. At Carnglen Credit Union we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay.

Members can borrow for productive purposes such as a new car, a holiday, home improvements, debt consolidaton, general expenses. The list is endless! Try our loan calculator above for a quote.


How do I apply for a loan?

To apply for a loan you must be a member of Carnglen Credit Union Ltd.

  • Loans can be approved within the office, if not they are sent to the Credit Committee on a Monday night for their consideration.
  • In some cases you may be asked to provide a guarantor for your loan.
  • You may be asked to bring your most recent bank statement for yourself/guarantor to support your loan application.

Loans are subject to approval. Terms & Conditions Apply

Why choose to borrow from Carnglen Credit Union?
  • There are no hidden fees or transaction charges
  • Our interest rates are fair and reasonable compared to others in the market
  • Repayments are calculated on your reducing balance, so you pay less interest with each repayment
  • Your credit union loan is insured – subject to terms and conditions – at no direct cost to you. Other lenders charge for this. Check out our Insurance page.
  • You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you for repaying in a shorter timeframe!
  • Loan interest rebate from surplus income
  • The maximum borrowing available per member is £15,000.00 plus shares. (Subject to approval)
  • There are several ways in which payments can be made to your account. These include paying at the counter by cash, cheque in account holders name, debit card or standing order from your bank account. If you are unable to get into the office, payment can be made over the phone by debit card.

Contact us for a

Loan Enquiry

Please get in touch below and our customer service team will be in touch withy you regarding booking an appointment to discuss your loan further.