New member. Same-day approval. Immediate relief.
Managing Multiple Debts
This member had been struggling financially for several months, particularly in the run-up to Christmas.
With several smaller debts and a larger £10,000 loan, managing multiple high-interest payments had become overwhelming.
After being unable to secure a consolidation loan elsewhere, they joined Harp & Crown Credit Union and applied for support on the same day. By looking beyond their credit report and considering their circumstances, we helped them consolidate their debts into one affordable monthly payment Importantly, giving them a fresh start and peace of mind.
The Solution
A £15K Signature Loan was approved on the same day the member joined.
This loan allowed them to:
- Apply without the usual requirement for a 20% shareholding or upfront deposit
- Access funds immediately upon joining, with no waiting period
- Consolidate several debts into a single monthly repayment
- Benefit from a more affordable fixed rate of 9.9% APR
By bringing all existing borrowing together into one structured repayment, the member was able to simplify their finances and reduce the overall interest burden.
“It has taken a huge weight off my shoulders”
Following completion of the loan, the member shared the following feedback with our team:
“The Harp and Crown were fantastic, taking our circumstances into account instead of just basing a decision on a credit report. We have everything paid off and now have a simple monthly payment. It has taken a huge weight of my shoulders and we are now set for the future.” - Rob
Choose YOUR Credit Union
Too often, people turn to high-interest finance without realising the long-term cost.
If you are struggling with debt or worried about rising repayments, speak to us before the situation becomes a bigger concern. We may be able to help find a more affordable solution tailored to your circumstances.
Signature Loan
Designed to help members who need to borrow a larger amount NOW without the requirement of 20% shares.
- Borrow between £5,000 to £15,000.
- 9.9% APR.
- 20% PLEDGED SHARES NOT REQUIRED INITIALLY!
- Available* to NEW members once their account is opened.
- Available* to members with a smaller savings pot.
-
FREE LIFE COVER up to age 70 years.
- Share withdrawals can only be made once shares have exceeded 20% ratio (based on original loan value).
*Ts and Cs apply
Get in touch today!
- ONLINE BANKING APP **not yet registered? More detail HERE. You must contact us first to activate your online account.
- EMAIL creditunion@harpandcrown.co.uk
- CALL INTO OUR OFFICE at Newforge Sports Complex and Event Hub.
- OR PHONE 028 9068 5198.
The Harp and Crown Credit Union has been providing safe, ethical and flexible finances for the Police and wider Police family in Northern Ireland since 1998.
