Loans

Apply for your loan with confidence

We welcome enquiries about our affordable loans from anyone in the Southampton, Winchester, Eastleigh, Test Valley, New Forest or Fareham areas wishing to borrow, whether they are currently a member of Solent Credit Union or not.

What Matters

Being able to make your monthly loan repayments in full and on time means we can say ‘yes’ to the next person in need of a loan. That is why Solent Credit Union only offers affordable loans giving you complete confidence and peace of mind when applying for a loan with us.

How we consider your loan application.

Above all, when considering an application for a loan we want to be sure that repayments will be made. As well as considering the applicants income to make sure that the loan repayments will be affordable, we also look at credit history. Someone with a recent history of failing to pay would not be granted a loan.

Borrow from Us

Apply for an affordable loan from
Solent Credit Union today.

Loans Available

We offer affordable loans from £100 to £7,500 to borrowers across the community, and will consider loan applications for any reasonable purpose. Our loan rates range from 1% per month (APR 12.7%) to 3% per month (APR 42.6%) depending on the amount borrowed and your credit history – we never charge more than this, even on small loans.

You can pay weekly, fortnightly, every four weeks or monthly, whichever suits you best. There are no set-up fees or hidden charges, and you can repay your loan early at any time with no penalties. We also encourage you to save alongside your loan.

For more details on each of our loans, including a loan calculator, please click on the descriptions below. Details of of how to apply can be found here.

Standard Loan

Our standard loan is available for loans up to £5,000.

Express Loan

For a faster turnaround for amounts up to £1,500, members with a reasonable credit history can apply for our Express Loan.

Select Loan

The Select Loan is available for amounts up to £7,500 to members with a good credit history, in employment and on the electoral register.