Our Loan Schemes

At NEWCU we give you credit for taking the responsible route to meeting your borrowing requirements.

We take great care to ensure that you fully understand every aspect of the loan procedure. A dedicated and trained adviser will guide you step-by-step through the application process.

A NEWCU loan facility could be just what you are looking for and you will never be put under pressure to borrow more than you can safely afford to repay.

Take a minute to check out what we can offer:

• Low interest on repayments of just 6.5%
• Interest charged on a reducing balance.
• Convenient weekly payments.
• No credit checks
• Loan is not taken from your savings so you continue to receive your dividend payments
• Borrow up to £10,000

Example: Borrow £100 over 6 months. Weekly repayments are £4.00. Loan interest is only £3.25, total repayment £103.25.

Fuller loan examples can be found here.

• All loans are subject to NEWCU terms and condition - details on request
• Minimum loan period is 6 months
• Credit Union services are available to members only

Why not telephone or call into our Padgate office now. Contact details are here. We're ready when you are.