Standard Loan

Available to new and existing members

Standard Loan

Available to new and existing members.

Standard Loans are available from £100 to £7,500. Interest is payable at 42.6% APR on loans up to £2,500, and 26.8% APR on loans above £2,500.

If you have savings you may be entitled to a cheaper Saver Loan.

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More Information

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.

 

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