Rating based on 31 reviews

Central Liverpool Credit Union

Updated

  • Credit union loans up to £15,000
  • Low-interest starting from 6.2%
  • Repayment up to 60 months

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Central Liverpool Credit Union homepage

Author Central Liverpool Credit Union. Screenshot of Central Liverpool Credit Union website. [Accessed September 12, 2019]

About Central Liverpool Credit Union

Central Liverpool Credit Union provides low-cost personal loans with no fees. Savings are guaranteed by the Financial Services Compensation Scheme.

We are open to anyone who qualifies under our common bond. This includes people who live or work in Liverpool. As a community to co-operative, the credit union is owned and managed by its members.

About Central Liverpool Credit Union

Central Liverpool Credit Union is a leading and innovative provider of monetary Services. We help people in our community that are not well served by other monetary institutions.

Integrity in our process

Credit unions help fulfil members’ monetary needs through their devotion to offer high-quality products and services at competitive prices since all credit unions operate not for profit but to benefit their members. We will continually show enthusiasms and a positive attitude to those we serve and those we work with.

Central Liverpool Credit Union Services

Each member will be treated with nobility, sensitivity and compassion.

We will promote relationship depending on mutual trust and respect with members, volunteers, other service providers and the community.

A quick and easy loan

We will practise the philosophy of co-operation and mutual benefit expressed through people working together to attain a better quality of life. Loans can be granted to members of the Credit Union who are over the age of 18 years old.

Benefits of borrowing from us include:

  • No set-up fees.
  • Overpay as much as you want each month or week.
  • No penalty charges for paying off the loan early.
  • Opportunities to save while you are paying back the long or short-term loan.
  • Free life insurance.
  • Simple budgeting with fixed loan payments.

Central Liverpool Credit Union Product Details

  • Loan Type Credit union loans
  • Interest Rate from 6.2%
  • Loan Amount up to £15,000
  • Repayment 1 month to 60 months

Summary of Services

  • Decision within minutes
  • No credit check needed
  • Repay by payroll deduction

Let us help you take control of your finances

It seems as if savers are being penalised these days. The rate for savers have fallen dramatically, yet at the same time, the cost of lending has risen.

At Central Liverpool Credit Union we trust that savers should be rewarded no penalised, so well as receiving low-interest loans, credit union members get free life and loan insurance.

Opportunity and Helping Hand Loans for new members who have not yet started saving

If you are tired of paying a lot when you’re only loaning a little, choose a Helping Hand Loan from Central Liverpool Credit Union. We charge much less than payday loans or Home Credit. Poor credit history does not keep you from applying to loan from us.

When you apply for a Helping Hand Loan an officer of the credit union will interview you either face to face or via the phone. They will help you complete an online loan application form that includes a list of your income and expenses and inform you what you need to bring along as proof of identity. A credit check is carried out on all Helping Hand Loans.

Engage is an ethical current account that works parallel to the high street bank account. Anyone can apply for a quick loan and no credit checks are required.

Engage is ideal for you if:

  • You don’t have a bank account or are looking for a simple option to high street banking.
  • You want to have your wages or benefits into an account and have access to them instantly.
  • You want to be able to control your Funds and budget easily.
  • You want a safe and convenient way to spend your capital at home or abroad.
  • You are new in the UK.
  • You have a poor credit history.
  • You want to shop online or by telephone but don’t have a payment or credit card.

Take control of your money

  • There are no overdraft fees or expensive letters if you accidentally miss an instalment with Central Liverpool Credit Union.
  • Only spend what you have loaded into your e-account and card.
  • Get immediate access to your capital at ATM's or via cash-back at supermarkets.
  • Pay bills, transfer capital to different accounts using the internet.
  • Set up standing orders and regular payments for gas, electric, sky etc.
  • Get up to the minute balance and account details by SMS, email or online.
  • The UK based consumer service support available 6 days s week.

Customer Reviews & Testimonials

February 2019

I love how they give you a variety of options to choose from

James C
— Brighton —

May 2019

They're a flexible lender. You can tailor your loan to suit you

Micayla B
— London —

June 2019

I repaid my loan with ease. I'll definitely use them again when I need a loan

Kelly T
— Liverpool —

Central Liverpool Credit Union Contact Details

Physical Address

Opening Hours

  • Monday 10:00 – 14:00
  • Tuesday 10:00 – 14:00
  • Wednesday 10:00 – 14:00
  • Thursday 10:00 – 14:00
  • Friday 09:30 – 12:00
  • Saturday – Closed
  • Sunday – Closed