Need a loan this Christmas?

You don't need to stress about the Christmas costs when you've got your local credit union

Amina Shariffi
Amina Shariffi
02/11/2021
Verified
So easy and fast when applying for a loan , everything was explained and talked though with me clearly I would definitely recommend south Manchester credit union to anyone
Martin Kavanagh
Martin Kavanagh
02/11/2021
Verified
I have been with credit union for years, it’s really simple to apply for loans and interest is very good, the staff are very polite and helpful.
David Wilson
David Wilson
02/11/2021
Verified
Fantastic and Quick response when applying for a loan excellent staff
John Ashton
John Ashton
01/11/2021
Verified
5 star professional service! Communication great!
Tracey ONeill
Tracey ONeill
01/11/2021
Verified
Fabulous! If there were 10 stars they would achieve them all!! Been a fabulous service to me from the first time I applied, then today they have enabled me to deal with a personal nightmare within 2 hours excellent service and staff ❤️
Leanne Parkinson
Leanne Parkinson
28/10/2021
Verified
Service is amazing couldn’t ask for nothing more nothing less and the staff are amazing!
Chevonne Lancett-weir
Chevonne Lancett-weir
26/10/2021
Verified
Easy and fast , brilliant customer service
Chan Gilmore
Chan Gilmore
25/10/2021
Verified
Very friendly, Surprisingly fast. Went through different options to find which was the best for me.

Borrow from your credit union

For the new member

Welcome Loan

Loan amount

£150 to £700

APR

42.6%

Example: if you borrow £300 and pay £10 per week. You’ll repay your loan over 34 weeks and pay £37.44 interest – repaying a total of £337.44.

For the child benefit loan

Family Loan

Loan amount

£150 to £700

APR

42.6%

Example: if you borrow £300 and pay £10 per week. You’ll repay your loan over 34 weeks and pay £37.44 interest – repaying a total of £337.44.

For the member with savings

Saver Loan

Loan amount

£150 to £3,000

APR

26.8%

Example: if you borrow £1,200 and pay £20 per week. You’ll repay your loan over 71 weeks and pay £208.29 interest – repaying a total of £1,408.29.

For more than £3,000

Smart Loan

Loan amount

£3,000 to £15,000

APR

14%

Example: if you borrow £6,000 and pay £70 per week. You’ll repay your loan over 97 weeks and pay £774.77 interest – repaying a total of £6,774.77.

For Southway tenants 

Southway Loan

Loan amount

£150 to £300

APR

42.6%

Example: if you borrow £300 and pay £10 per week. You’ll repay your loan over 38 weeks and pay £37.77 interest – repaying a total of £337.77.

For loans fully secured to savings

Secured Loan

Loan amount

£150 to £15,000

APR

9.4%

Example: if you borrow £800 and pay £20 per week. You’ll repay your loan over 42 weeks and pay £29.76 interest – repaying a total of £829.76.

Join over 4,500 people in South Manchester

Here’s how you can open an account with South Manchester Credit Union:

know if you can apply for a loan with the credit union

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Put finance at your fingertips

Nivo is an instant messaging app that gives you full access to your credit union account.

You can join, ask for withdrawals, apply for loans and best of all, keep in contact with your favourite credit union!

Saving with your credit union

Open Savings

Deposit as much or as little as you like and withdraw once a month to make saving a lot easier.

Locked Savings

Build your savings to apply for a credit union loan.

Prize Saver

Win prizes up to £5,000 just by saving – £1 equals one entry.

Christmas Club

Lock your savings until 1st November with the savings account dedicated to the festive period.

Young Savers

Give the children a nest egg for when they’re older.

Win up to £5,000
just by saving

Every £1 you save with the Prize Saver savings account is 1 entry into the monthly draw – you’re allowed up to 200 entries.

The monthly top prize is £5,000 and if you don’t win that, you’re still in with a chance to win one of the £20 prizes.