Introductory Loan

Introductory Loans of up to £3,000 are available for those members who are saving straight from their pay and have recently joined the Credit Union.

Introductory Loan

Have you only recently joined Plane Saver? We offer Introductory Loans of up to £3,000 to members who may not have a savings balance with the Credit Union from as little as 3.4% APR (Max 26.8% APR).

If you do have a savings balance with the Credit Union you can apply for £3,000 on top of this amount.

Added benefits

Plane Saver loans also have the added benefit of;

  • No early repayment penalties
  • No hidden fees or charges
  • Free life cover
  • Free accident and sickness cover
  • Interest calculated on the reducing balance
  • Repayable over a maximum of 4 years

Plane Saver will do their utmost to help where we can, but we do have to ensure we lend our members money responsibly meaning there may be occasions we are unable to lend.

*Terms and Conditions apply. Introductory loans available via payroll deduction only.

How much can I borrow?
I currently have --- in savings
You can borrow up to
---
Please note that in accordance with our rules, loans are secured against your savings with us. The maximum amount of money we will lend for an Introductory Loan is £3,000 on top of your savings.
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Repayments Calculator
I get paid:
I want to borrow ---
and pay it off over ---
--- Repayment:---
Total Amount Repayable:---
Representative APR:---

Please be aware that this is not a loan offer and the figures quoted in this document are based on the Representative APR which may differ from the actual APR you qualify for after we have conducted a credit search. As a result, this should only be used as an indicative illustration.

The calculator is for illustration purposes only. Rates may be withdrawn at any time. We reserve the right to refuse any application.

At the Credit Union members' savings are pooled to provide the funds to pay out loans. In order to ensure that there is always enough funds members are asked to continue saving a minimum of £10 per month whilst repaying a loan.

* Loans are allocated at the discretion of the loans officers and are subject to terms and conditions set out in our loans policy.

Apply for a loan today!

If you’d like to apply for a loan, simply complete our online loan application and our team will get back to you.

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