Our Loans

Personal Loan

Family Loan

Available for members who receive Child Benefit

Family Loan

Christmas Loan

Available to new and existing members

Christmas Loan

Guaranteed Loan

Available for members with a guarantor

Guaranteed Loan

Our Loans

You must be 18 or over to apply for a loan with Wyvern Savings and Loans.

All loan applicants are credit checked to help us make our decision. This is not automated, or based solely on the credit check. Our loan officers look at all the information provided to ensure we make the right decision for you.

Loans are made according to your ability to repay. Even if you have an active County Court Judgement (CCJ), or are in a debt management plan, we can lend up to £800.

We offer flexible loan repayments, usually over two years. This can vary depending on your circumstances.

You will be asked to save whilst you make repayments. Any savings may help you towards a cheaper saver loan in the future.

If you already have a loan with Wyvern you can apply for a ‘top up’ loan.

Covid- 19

If you are experience financial difficulties at this time, and are having problems making repayments to your loan, please contact us on 01305 268444.

You can also get advice from:

Standard Loan

Available to new and existing members

You can apply for a loan of £100 to £7,500. Flexible repayments. No savings required.

Family Loan

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.

Saver Loan

A reduced interest rate, for members who have savings

You can apply for a loan of £100 to £7,500. Flexible repayments. Suitable for members who have built up savings. You must have a third of the amount you want to borrow in your credit union savings account.

Guaranteed Loan

Our lowest interest rate. Ideal for someone wishing to build up their credit rating or help a friend or family member

You can apply for a loan of £500 to £7,500. Flexible repayments. You need a guarantor for the amount borrowed. They must be a member and the amount borrowed will be held in an Attached Share account as security against the loan.