- you are looking for an affordable personal loan between £250 and £15,000 for a specific item or event
- you are working but not for an employer who will send us the loan repayment direct from your salary or
- you have sufficient unearned income to afford the monthly repayments for the term of the loan
- you are able to make the repayments by direct debit from your bank
Whether it is £300.00 for a new washing machine, £2000.00 for a new boiler or £15000.00 towards a new kitchen, we have a loan for you.
Use the sliders below to select the amount and term and calculate the repayments on a Personal Loan.
Select how much you wish to borrow
Select how long you wish to borrow the money for
Your Loan Details
monthly payments of: £
Total repayment: £
Total interest: £ (APR: %)
HAVE YOUR BANK STATEMENTS READY
We will also need you to send in your most recent bank statement showing around 6-8 weeks’ transactions and proof of your income. If you regularly use more than one bank account please provide statements for those accounts, too. If you are able to save your bank statements as a pdf or in one of the following formats .jpg, .jpeg, or .png, there is the facility within the application form to upload up to 64MB of files.
Most online banking provides the facility to download bank statements and save them as a PDF or .jpg, .jpeg or .png files. Likewise if you usually receive paper statements these can be scanned or if you use a smart phone photographed and saved as a file type that can be uploaded to the loan application form. Excel or CSV files should be sent as an email attachment to Loans@cmcu.org.uk.
If you would prefer not to email bank statements, you may submit them by post to CMCU, 3 Beaufort Buildings, Spa Road, Gloucester, GL1 1XB but this may cause a slight delay to your application.
Why choose a Churches’ Mutual loan over another provider, a credit card or an overdraft?
•Competitive – compare our personal loan rate to other similar products
•Manageable – affordable repayments and a clear start and end date
•Convenient – repayment direct from your bank
•Unambiguous – our advertised rate is what we lend at
BEFORE YOU APPLY
CMCU loans are offered on an affordability basis, therefore we will take into consideration your monthly income, your expenditure and your overall credit history. If you currently have credit commitments that may impact on your ability to repay a CMCU you may wish to consider a Restructuring Loan (insert link). CMCU does not offer payday loans but expect all loans to be repaid within a realistic time frame and a manageable budget.