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Holiday Destination

Applying for a Seasonal Loan

Borrow from £300 to £500

For permanent employees who are not yet a Wherry Dragon member.

Christmas Loan

 

Need a little bit extra for the festive season? Our Christmas Loan can take the worry out of Christmas. Available November and December.

 

Summer Loan

 

Want to plan a holiday or brighten up your home and garden, our special loan will give your finances a summer boost. Available June to August.

Conditions

 

You must have completed a Seasonal Loan Application Form.

You must be employed by one of our employer partners or be a family member of an existing member of Wherry Dragon Credit Union living in the same household.

You must be employed for a minimum of 16 hours per week on a permanent basis.

The loan must be repaid over 12 months.

You must save £15 a month on top of your loan repayment.

You are not eligible for any other loan until this loan is repaid in full.

Benefits

• Free Loan Protection

• Free Life Savings

• Fixed interest rate of 42.57%

• Your savings grow as you repay the loan

Examples of Loans and Repayments

LOAN

AMOUNT

£300

£400

£500

PAYROLL

DEDUCTION

£46.00

£56.00

£66.00

TO

SAVINGS

£15.00

£15.00

£15.00

LOAN

REPAYMENT

£31.00

£41.00

£51.00

TOTAL

INTEREST

£59.69

£80.30

£100.90

Apply Online

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