Gold premier loans are available to members who have been saving with us on a regular basis for 12 months or more, or who have successfully paid a previous loan off in full and on time. You can borrow a greater amount, up to £3000 and get the benefit of a cheaper interest rate. (We apply a variable rate based on your ability to repay, how you repay, and your credit score.)

 All loans are made subject to status and we will apply credit scoring as part of your application.

The APR on our gold premier loans ranges from 12.68% - 26.8%. (1% - 2% per month)

 

Platinum premier loans are available for members who have been with us for over two years and have an excellent record, or for individuals who have an excellent credit rating. you could apply for up to £5,000.

 

Diamond premier loans are available for members with more than three years’ loyalty to the credit union and for individuals who have an excellent credit rating, you could apply for loans between £5,000 and £15,000.

The APR on our Platinum and Diamond Premier loans ranges from 7.4% to 19.6% APR (0.6% – 1.5% per month)

We will even consider price matching any written quotation from a reputable bank or building society. Contact us for more details.

Please note customers who leave their savings in as full security against their loan will be charged a maximum interest rate of 1% (12.68% APR)

 

How do I apply?

Its easy to apply for a loan with Your Community Bank, Tees Credit Union just click here and complete our online application formOther ways you can apply are by calling us on 01642 941911 or by dropping in to our new office, 111 High Street, Stockton-on-Tees, TS18 1BB. We are open 10am till 3pm Monday to Friday.

All loans are made subject to status and we will apply credit scoring as part of your application. Please note you must become a member of the credit union as part of the loan application process, just click here.

Please note you will be required to sign a loan agreement once the loan is agreed.  This is a legally binding document and a promise to repay the loan on time and in full. There are no penalties for early repayment, so paying your loan back earlier means you save money!

We are a responsible lender and need to make sure you can afford to repay any loan taken out with Your Community Bank, Tees Credit Union. If you experience any problems repaying the loan don't hesitate to contact us, as it’s always best to deal with any money issues as soon as you can.