• Great competitive rate that reduces with larger loan amounts
  • Free loan protection insurance (terms and conditions apply)
  • Interest is charged on your outstanding loan amount so will reduce with your decreasing balance
  • Continue to build your savings and earn a dividend whilst you repay your loan
  • No set up charges, early settlement charges or hidden fees
  • Use our Loan Calculator to see how much a Personal Loan might cost

The Personal Loan is available to all members with a membership account.

Step 1: Simply decide on an amount you wish to borrow; whether for a new car, a holiday or even home improvements.

Step 2: Secure your membership savings against your loan until the balance is cleared.

Step 3: As you repay the loan you will also continue to build up your membership savings, meaning you will have a greater savings balance once the loan is cleared.

Note: You will lose access to your membership savings whilst you repay the loan but savings can be withdrawn once the loan is cleared.

Free Loan Protection Insurance: As a Member of RetailCURe Credit Union your loan is protected in the event of your death1 – helping protect your family from the financial burden of bereavement. This is offered to all members up to the age of 69.

When you take out a loan with us you also get Loan Protection. If you were to die before your Credit Union loan is repaid, this protection can help towards settling the debt, so that it isn’t passed on to your loved ones.

Of course, it won’t take away the pain but it’ll certainly help with the financial strain of bereavement. This benefit is included at no extra cost to you as part of your Credit Union loan arrangement2 so just for once, peace of mind doesn’t cost the earth; it’s just another benefit of being a Credit Union member.

As a Credit Union member, you’re not only borrowing for the things you desire to make life more comfortable for you and your family; by choosing your Credit Union to borrow from, you’re helping your Credit Union provide better value loans for all Credit Union members. With the added peace of mind provided by Loan Protection, loans from your Credit Union can offer better financial security for you and your family.

1Subject to terms and conditions. Cover limits vary and certain restrictions apply based on age and cover.

2Please ask at your Credit Union for more details about the individual limits and restrictions of Loan Protection. For full terms and conditions or more information about the policy, please click here or for a summary please click here.

Life Insurance on loan balances does not cover members over the age of 69.

The Personal Loan is available to all members including new members (within 12 months of joining). New members must have made at least 1 regular payment through either payroll deduction or direct debit before any loan can be considered.

We ask all members to make NO more than 1 application for a loan within 6 months of each request.

You will lose access to your membership savings whilst you repay the loan but savings can be withdrawn once the loan is cleared.

Other terms and conditions may apply.

Data protection statement

In accordance with the principles of the Data Protection Act 1998, we will use your personal details for the purposes of managing your accounts with Voyager Alliance Credit Union.

Under the Distance Marketing Directive, you have the right to cancel your savings account within 14 days of opening without incurring financial or other penalty.

Voyager Alliance Credit Union use Experian as our credit reference agency, and the ways in which they use and share personal information is explained in more detail via the Credit Reference Agency Information Notice (CRAIN) document which can be accessed via any of the following link:

Want to apply for a Personal Loan?

Personal Loan Application Check List

  1. Are you a member of RetailCURe Credit Union & have paid into your savings account for a minimum of 1 month for payroll deductions or 3 months by Direct Debit?
  2. Do you have details of your monthly income and expenditure to hand, to complete the loan application form? Your recent bank statement is ideal.
  3. Do you have a copy of your most recent payslip to hand, to upload with your application? 

If you can answer 'yes' to all 3 questions, its time to apply so click the button below now!

Use our new Loan Calculator to see how much a Personal Loan might cost and how it would suit your budget.
Apply now for a Personal Loan