Your money is protected up to £85,000
Available for members who have built up savings in their Credit Union account
Saver Loans are available for members who have built up savings in their Credit Union account.
To qualify for a Saver loan you must have a third of what you want to borrow in your savings with us. If you have only a small amount of savings with us you may be entitled to a Standard Loan. Saver Loans are available from £500 to £7,500, and interest ranges between 1.5% and 2% per month on the reducing balance, dependant on the amount you are borrowing (19.6%APR to 26.8%APR). One third of the amount you borrow will be held in an Attached Share account, this is held as security against the loan.
- I am over 18
- I am a member of Wyvern Savings & Loans
- I am looking to borrow between £500-£7,500
- I have a third of what I want to borrow in savings with Wyvern Savings & Loans