Our loans have low interest rates and no hidden charges, with affordable flexible repayments.

If you're aged 18 or over, you can become a member of East London Credit Union and then enjoy the benefits of our Saver Loan 1 - secured against your savings.  Our loan rates are:

  • £500 to £649 - 34.5% APR
  • £650 to £1,999 - 26.8% APR
  • £2,000 to £4,999 - 12.7% APR
  • £5,000 to £7,999 - 8.2% APR
  • £8,000 to £11,999 - 5% APR
  • £12,000 to £15,000 - 4.3% APR
  • Competitive interest rates, fixed after application
  • Loans available from £500 to £15,000
  • Repayments from 6 months to 10 years
  • TIP: Before applying, use our handy Loan Calculator below to work out what your interest rates & repayments would be for the amount you wish to borrow

Important information