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What is an LCU Family loan?

  • Flexible

    Borrow up to £1000 with a 42.6% APR. Repay using child benefit and repay with a maximum of 52 weeks.

  • Accessible

    High approval rate. No credit check. No hidden charges or set up fees.

  • Recommended

    97% of family loan users were satisfied. 7 out of 10 borrowers said it helped them save.

Samira a single mum with 2 children needed to take a small loan for extra costs over summer and to help buy school uniform.

Her £36.25 weekly Child Benefit is paid directly into her credit union account. £18 of this is used to repay the loan.

Samira said: “I was in a tight spot, and a Family Loan gave me the flexibility I needed to manage when my only other options would’ve costed me much more in the long term.”

image comparing the interest paid on a £500 loan over 39 weeks, pay day lenders charge £493.78, doorstop lender loans charge £424.50 and leeds credit union family loans charge £72.50

Maximise your Income

Maximise your income by checking what benefits you’re entitled to. £19 billion in benefits go unclaimed every year. Try our easy to use benefits checker today.

Visit the Benefits page here