Borrow with Wherry Dragon
When you borrow from the Credit Union you do so as an owner member. You are encouraged to save and then borrow only what you can afford to repay.
Only members may apply for a loan, which are granted for provident and productive purposes, such as payment towards a holiday, car or car maintenance, home improvements or a special event.
If you pay your loan off early it incurs no penalty. In the event of your death your loan will be paid off in full with our FREE Loan Protection Insurance (restrictions apply).
Click on the links below to find out more about the types of loan available
How much you can borrow is based on how much you currently have saved in your shares.
Applications are also subject to checks on affordability, identity and judgements.
Member loans apply to members with £10 - £350 in shares.
Borrow from £500-£750 over terms up to 12 or 24 months.
Member plus loans apply to members with £351 - £1,750 in shares.
Borrow up to £2,500 over terms up to 24 and 36 months
Loyalty Loans apply to members with £1,751 - £5,000 in shares.
Borrow over any term up to 48 months
Affinity loans apply to members with £5,001+ in shares.
Borrow over any term up to 60 months
For existing members with no current loan you may be eligible for our exclusive 2022 low rate loan offer
If you are not currently a member of Wherry Dragon Credit Union you can still apply to save and borrow with us with either our new employee or seasonal loans.
Borrow £300-£500 over 12 months
Once this loan is repaid you can then apply for one of our personal loans described above.