Freedom Loan

Freedom Loans are available to members based on their ability to repay

Loan Amount	Repayment	Period	Total Repayable
£300	£8 week	42 weeks	£330.17
£500	£11 week	52 weeks	£562.47
£1000	£67 month	18 months	£1199.62
£3000	£160 month	24 months	£3797.81

examples are for illustration purposes only

You must be a member
A loan application form must be filled in with all sections completed and signed
You must provide evidence showing your proof of income and outgoings(see list of required documents)
All the information provided by you must be true and complete
Make a commitment to continue saving regularly
You must be at least 18 years old
If applying for your first loan we may restrict the amount loaned

Your last three months bank/building society statements or your most recent Post Office Statement
Your last three months wage slips
Letters from relevant authorities showing the amount of benefit you receive

If you do not pay bills through your bank you will need to provide evidence of some or all of the following:

We will conduct a credit history check as part of the loan application process