Borrow Local this Christmas- Loans from £250 to £20,000

Borrow from £250 to £20,000

Leeds Credit Union’s loans range from small loans of £250, up to large loans of £20,000.

So whether you’re looking for additional support to pay for home improvements, a new car or simply to help you manage your bills, you could find the right loan amount to suit your needs.

We offer rates from 3.9% APR to 42.6% APR dependent on circumstances, loan amounts and our lending policy. It’s easy to apply and we aim to provide a quick, fair, affordable decision.

Loans are available to UK residents and over 18's only.

Borrow between £250 - £2000

A loan for up to £2000 could be used to cover that unexpected emergency such as car repairs or your washing machine breaking down. Or, you could treat yourself to a weekend break with the kids, a new sofa or even just the latest gadget.

  • Borrow between £250 - £2000
  • Borrow over a maximum of 24 months

UP TO

42.6

% APR

Loans are available to UK residents and over 18's only. Rate advertised is based on a good credit score. Rates will vary depending on loan amount and individual circumstances. Subject to status.

Apply now...

Borrow £2001 to £2500

A loan for £2001-2500 could be used to cover some home improvements or simply to improve your purchasing power.

  • Borrow between £2001-£2500
  • Borrow over a maximum of 24 months

FROM

19.3

% APR

Loans are available to UK residents and over 18's only. Rate advertised is based on a good credit score. Rates will vary depending on loan amount and individual circumstances. Subject to status.

Apply now...

Borrow £2501 to £3000

A loan for £2501-3000 could be used to treat yourself to a well deserved holiday or simply to improve your purchasing power.

  • Borrow between £2501-£3000
  • Borrow over a maximum of 36 months

FROM

18

% APR

Loans are available to UK residents and over 18's only. Rate advertised is based on a good credit score. Rates will vary depending on loan amount and individual circumstances. Subject to status.

Apply now...

Borrow £3001 to £4000

A loan for £3001-4000 could be used to cover that dream trip away, refurbish your home or simply to improve your purchasing power.

  • Borrow between £3001-£4000
  • Borrow over a maximum of 48 months

FROM

18

% APR

Loans are available to UK residents and over 18's only. Rate advertised is based on a good credit score. Rates will vary depending on loan amount and individual circumstances. Subject to status.

Apply now...

Borrow £4001 to £7500

A loan for £4001-7500 could be used to cover the wedding you are planning or simply to improve your purchasing power.

  • Borrow between £4001-£7500
  • Borrow over a maximum of 48 months

FROM

6

% APR

Loans are available to UK residents and over 18's only. Rate advertised is based on a good credit score.  Rates will vary depending on loan amount and individual circumstances. 

 

Apply now...

Borrow £7501 to £10000

A loan for £7501-10,000 could be used to cover those refurbishments to your home or simply to improve your purchasing power.

  • Borrow between £7501-£10000
  • Borrow over a maximum of 48 months

FROM

4

% APR

Loans are available to UK residents and over 18's only. Rate advertised is based on a good credit score. Rates will vary depending on loan amount and individual circumstances. Subject to status. Please note, consolidation loans are unlikely to be at this rate.

Apply now...

Borrow £10001 to £20000

A loan for £10,001-20,000 could be used to buy your dream new car or perhaps a new extension

  • Borrow between £10001-£20000
  • Borrow over a maximum of 60 months

FROM

4

% APR

Loans are available to UK residents and over 18's only. Rates will vary depending on loan amount and individual circumstances. Rate advertised is based on a good credit score. Please note, consolidation loans are unlikely to be at this rate. Subject to status.

Apply now...

Our loan Calculator

How much do you need?

Use our loan calculator to get an idea of how much you could borrow and what your repayment terms could look like with a loan from us.

This summary is for illustrative purposes only and is based on you having a good credit score, so as to give you, the borrower, an overview of the potential cost of borrowing. All loan decisions and actual rates are dependent upon personal circumstances. Loan products may be withdrawn at any time and are subject to availability at the time of application. Leeds Credit Union cannot be held responsible for any errors or omissions. Over 18’s only may apply.

Credit Union Loan FAQs

Why is a Leeds Credit Union loan different?

They are tailored to you – whether you need a school uniform, to pay for a wedding, or an extension for your home, our loans are built around you. They also have competitive and fair interest rates that are capped by Credit Union legislation. We also take care when offering you a loan and unlike some other lenders, we will never encourage you to pay more than you can afford.

Who can apply for a Leeds Credit Union loan?

You can apply for a loan if you meet one of the following criteria:

  • Existing members of the credit union.
  • If you are new to the credit union you can apply too, but you must meet one of the criteria below and fill in the new member application.

New members can apply if:

  • They live or work in Leeds, Wakefield, Harrogate or Craven
  • They are a resident of certain housing associations
  • They work for one of our 'Select' employers or a Unison member in Leeds or Wakefield, or they’re a member of Unite in Yorkshire, Durham, Teeside and Northumberland - click here for a full list.

How is the loan repaid?

You can choose the period over which you repay the loan, depending on the amount borrowed. There are a number of ways in which you can repay the loan - through your bank or building society, payroll deduction from your employer, or by Benefit Direct.

How long does it take for the loan to be approved?

We always aim for a quick decision on all loans. However, it is important that you answer all questions accurately and we may ask for additional information. Decisions may take longer at peak times as our loans are very popular.

Please click here to view our Privacy Policy which also describes how your information will be used should you choose to apply for a loan.

What our customers say

“Very friendly”

Telephone staff are very friendly, knowledgeable and helpful.

“Recommend LCU to anyone that is struggling”

I have signed a lot of my friends and family up and I always recommend LCU to anyone that is struggling.

“Always there”

Always there when a little help is needed.

“Professional experience”

Always a very friendly and professional experience.

“I recommended LCU to my sister”

Fantastic service! I recommended LCU to my sister who has now opened her own account.

“Always polite”

The staff are always polite and answer any questions that you ask of them.

“It’s affordable”

It’s a great service for financial support and it’s affordable.

“The mobile app is very easy to use”

Staff are always pleasant and the mobile app is very easy to use, I feel safe and secure using it.