A Secured loan from PCU is underwritten by the savings a member has and can be issued on the same day (for example, £500 savings = £500 loan). APR for these loans is 12.68%.
Members can only withdraw shares/savings if the balance on them exceeds the loan balance. This option offers a quick release of cash while maintaining life savings and loan protection guarantees.
∗Terms & Conditions Apply. All figures given on this website are for your general information only, and give a rough guide to loan repayments. Any statements on this website do not purport to be authorative or legally binding. You are advised to check with our offices for up-to-date rates and offers.
Your loan details have been captured and will be submitted with your enquiry.
Please note: if you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
If you would like more information on applying for a loan with PCU please contact us today.Contact Us