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Summer stroll at a lake

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.

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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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Wherry Dragon Credit Union Ltd.

Registered Office : Room 15, City Hall, Norwich, NR2 1NH.

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