ETHICAL PERSONAL LOANS

 

 

 

 

All our loans come with

CASHBACK

 

When your loan ends you'll get your very own cashback

of up to £750!

 

 

 

 

 

 

It's a personal loan like no other

 

 

 

 

 

 

 

 

 

Get that personal loan from a local bank, run by local people for the benefit of local people. 

 

Interest rates from as low as 5.1% APR

 

 

 

TAKE A BREAK

 

Standard loans come with a 3 months repayment holiday that can be taken one month at a time, or in one go.

 

PAY IT OFF

 

Pay your loan off early & we guarantee they'll be no 'rounding up' of interest charges until the end of the month.

 

GET FLEXIBLE

 

Pay by direct debit or standing order. Pay weekly or monthly. It's your choice.

 

BE HAPPY

 

Know that your loan is with a local not-for-profit community bank. 

 

Representative example: 5.1% APR Representative based on a loan of £7,100 repayable over 48 months at an interest rate of 5.1% pa (fixed). Monthly repayment of £163.51 Total amount payable £7,848.37.

This is based on a StandardPlus loan. Rates vary depending on your personal circumstances.

 

 

 

 

HOW DOES THE CASHBACK LOAN WORK

We're not like the big banks. With every loan repayment you make, we stash a little bit of cash away for you. 

So, when your loan is finished, you'll have a lovely pot of money waiting for you in a savings account with us.

 

Making loan repayments isn't just about repaying your loan. It's about giving something back.

Now choose the loan for you

StandardPlus

A flexible personal loan for employed with a good credit history

 

Standard save & loan

A Personal loan for employed with an OK credit history 

 

Community save & loan

Your'e in receipt of DWP benefits or low income & need a small loan

 

LENDING GUIDLINES

We currently can't lend to you:

 

If you are self-employed

If you are on contract or on zero hr

If you have ever had a Debt Relief Order (DRO)

If you have ever had an Individual Voluntary Arrangement (IVA)

If you have been employed less than 6 months

 

Standard criteria

 

Minimum age - 18years

Max age at loan end - 75

Minimum loan - £350

Maximum loan - £7,499*

Employed or benefit income considered

 

Flexibility as standard

 

No penalty for repaying your loan off early

No set up fees

No late payment fees

Interest charged daily

Pay weekly, fortnightly or monthly

Pay by standing order or direct debit

3 months payment holiday (in one go or separately) Available on selected loan products

*dependent on loan type

 

Small print

Make sure you can afford the repayments. A loan is an important financial commitment and failure to keep to the monthly repayments may result in an adverse effect on your credit rating. Always talk to us if you are experiencing financial difficulties. Applicants must be aged 18 or over. Loans subject to status. 

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The bank for Hampshire & IOW