Starter Loans

If you are new to Your Community Bank, we offer a range of cash starter loans to kick start your account with us.

  • If you are employed you could apply for up to £2,000 repayable within 2 years.
  • If you are unemployed you could apply for up to £200.
  • Whether employed or not, our loans are subject to ensuring you can afford the repayments and have demonstrated elsewhere you are committed to repaying your debts. We do not ignore applicants with CCJ's but we do expect you to be repaying them.

All loans are made subject to status and we credit check history as part of your application.

The APR on our Starter Loans is maximum 42.6%. (3% per month)


How do I apply?

Its easy to apply for a loan with 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, 38-40 Dovecot  Street, Stockton-on-Tees, TS18 1LN. We are open 10am till 4.30pm Monday to Friday.

All loans are made subject to status and we will check your credit history as part of your application - if you are not currently a member please apply by clicking 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 Tees Credit Union, part of Moneywise Credit Union Limited. 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.