Which low-cost loan suits you?


We look at more than just your credit score

Free Insurance

All loans are covered with CUNA Mutual Insurance (T&C’s apply)

Tailored to You

You choose a repayment that best suits you

Early Repayments

No fees for early repayments or over-payments

Quality Service

We have your best interests at heart and do everything we can to benefit you

No Loan Fees

You only pay interest on the reducing balance of your loan


Finance can be hard; we take the strain 

Things do not always happen in the way you may want but know your credit union will be there to help meet your financial needs. From a sneaky bill to the fun stuff, we may have a loan for you.

Benefit yourself and get a fair and ethical deal. Only pay interest on the reducing loan balance with no hidden fees - we only charge a one-off joining fee of £3. We pride ourselves on our affordable loans at low- cost rates with flexible terms. You will also receive quality service from professional staff and free loan insurance with Cuna Mutual (T&C's apply). As a community-based organisation, we want to give the best service and the best rates to the people of South Manchester. 

As a responsible lender, we assess loans on:

  • affordability
  • member savings history
  • member borrowing history
  • external credit rating

in order to best determine our loan offer.  







It would not have been possible to pay for my new teeth but for South Manchester Credit Union. Thank you to all the staff for their help and support.Billy - SMCU Member
Billy loving his low-cost loan