Our Saver Loans are secured against your saving in your Membership Account. The interest charge for our Saver Loan will be at 4.5%APR which could be payable over 120 months. You will not be able to withdraw the money that you have pledged for the loan in your Share 1 account, although you can clear the loan at any time using your savings.
Note: LMCU loans are subject to our lending criteria and are assessed on your ability to repay the loan as well as our terms and conditions of membership of London Mutual Credit Union. All fees, pricing information and qualification information displayed on this page is for illustrative purposes only. Applying for a loan may affect your future abilities to take out future credit.