Complete an online loan application in our NEW ONLINE BANKING facility (easier and quicker process). Or fill in an application form and return via email or post.
We adhere to responsible lending guidelines. This means we have a duty to ensure members only borrow what they can afford. Having sight of bank statements provides reassurance that members are remaining within reasonable credit limits.
95% of our loan applications are approved and issued same day. The process is now much quicker when applying via our NEW Online Banking APP.
There are a variety of reasons why your application may need further information. It may be the size of the loan, a recent missed payment, you’re not registered on the electoral roll at your given address or something else which raises a flag on your application. Please remember that it is your opportunity to give your side of the story and we want to help you. If you want to consolidate your credit card debt, don’t put the loan application reason down as ‘Home Improvements’. We would rather lend to consolidate your debt than assume this is additional lending for a new sunroom.
You can email the office or apply for a loan via online banking, outside of office hours. If an application is made outside of office hours Monday - Friday 9am - 5pm, we will process your application on the next working day. However, when the office is closed for holidays, we cannot process loan applications. Please email us your loan application or apply via ONLINE BANKING and we will respond as soon as possible when the office reopens. Email creditunion@harpandcrown.co.uk
Our Loan Products are based on your savings balance multiplied by 5. Example: if you have £1000 in savings, you are eligible to apply for a loan of up to £5000. Maximum borrowing £30,000* between 6 months - 5 years*. With the **exception** of our Loyal Saver Loan (3.9% APR) whereby 100% of the loan balance is locked in against your savings. **And our NEW Flexi-Loan whereby you can apply for an amount between £500 - £3,000 (provides a line of credit when needed). Ts/Cs apply.
