Family Loan

A Family Loan and Savings plan is designed to help you access affordable credit and get you into a savings habit

Family Loan

Family Loans are available to members who receive Child Benefit

You can apply for a loan of up to £500 if you receive Child Benefit for one child, or up to £1000 if you receive Child Benefit for two or more children. You have your Child Benefit paid directly into your Wyvern Savings and Loans Account. Part of it will be used to make your loan repayment and the remainder will go straight into your savings account. This could reach over £400 saved in a year. Repayments can be made weekly or 4 weekly.

- I am over 18
- I am a member of Wyvern Savings & Loans
- I am willing to have my Child Benefit paid directly into my account with Wyvern Savings and Loans

 

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