Brecon & District Credit Union © 2019 - All Rights Reserved.                      Cookies & Privacy Policy | Terms of Use                                              View Web Design

HOME
HOME ABOUT US LOANS SAVINGS JOIN US OUR SERVICES CONTACT US

Telephone: 01874 620104
Email: info@breconcreditunion.co.uk

REGISTER
FOR
ACCESS

MEMBER
ACCOUNT
LOGIN

JOIN
US
TODAY

About Us

Brecon & District Credit Union is a not-for-profit financial co-operative. We are committed to providing affordable, low-cost financial services to everyone within our local community.

Brecon & District Credit Union

TEL:
EMAIL:
ADDRESS:
               







Opening Hours

MON     
TUE        

WED      

THU        

FRI         




10.00am - 1.00pm
10.00am - 1.00pm
10.00
am - 1.00pm
10.00am - 1.00pm
10.00am - 1.00pm




01874 620104
info@breconcreditunion.co.uk
Steeple House,
Steeple Lane,
Brecon
LD3 7DJ







Please note, by clicking on one of the above links you will be
re-directed to cusecureserver log in

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority 213604

Loan Products



YOU CAN APPLY FOR A LOAN VIA THE MEMBER'S AREA SECTION OF OUR WEBSITE, HOWEVER IF YOU ARE ON A MOBILE DEVICE THIS OPTION WILL NOT BE AVAILABLE.


YOU WILL NEED TO USE A PC OR A LAPTOP.


YOU WILL BE REQUIRED TO EMAIL YOUR LAST 3 MONTHS BANK STATEMENTS TO SUPPORT YOUR LOAN APPLICATION.


There are three types of loan available from the Credit Union:


1. Express Loan


An application can be made by non-members or existing members.


Loans are available up to £500 and must be repaid within 12 months at current rate of 3% per month (42.6% APR)


2. Secured Saver Loan


Borrow against your savings with a secured loan. Your savings balance must be equal to or exceeds the loan amount requested and will be locked until the balance of the loan is repaid.


Secured loans are available from £100 to £7,500 and must be repaid within 7 years at a flat rate of 4.9% APR


To apply complete a Secured Loan Application form which will be fast tracked for approval.


3. Unsecured Saver Loan


To apply for a Saver Loan, no regular savings period is required.


Our Saver Loan product is available in amounts from £100 to £7,500 (subject to status and approval) and must be repaid within 60 months. The interest rates vary between 26.8% and 42.6% (representative APR) depending on the size of the loan (loan calculator is not yet available, please contact us for a quote)


We require all borrowers to save a small amount, £1, £2 or £3 per week (or monthly equivalent), into your Attached Savings account as a condition of the loan: which is locked until the loan is repaid: This will also enable you to build up your savings and help you move to a Secured Loan in future.


Applicants will need to complete the necessary loan application form and provide documentation to confirm their income and expenditure.


4. The Payroll Loan


If you are employed by one of our payroll partners you can apply for a loan at a reduced rate providing you set up payroll deduction as a payment method.


The loan has the same terms as a Standard Loan above but with a discount on the standard interest rate of 1%.


For more information on the employers we are currently working with please visit our payroll deduction page.

View your account online Join us now and borrow today Download Forms