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01 Dec 2023

Fraud Awareness

Protecting your Account from Fraud. To protect you and your account from fraud, please remember these 10 Top tips

Loans

Loans

The two most important things about a loan are, being able to borrow the money and being able to repay it. At Greater Govan Credit Union we encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. Establish a good savings record by saving regularly so as to build up security for your loan.

Our members may apply for a loan:

  1. After 8 weeks of regular savings.
  2. After returning a completed loan application form to any of our two offices.

Loan Application

Why a Greater Govan Credit Union Loan is different
  • There are no hidden fees or transaction charges
  • Our interest rates are fair and reasonable compared to others in the market
  • Repayments are calculated on your reducing balance, so you pay less interest with each repayment
  • Your credit union loan is insured - subject to terms and conditions - at no direct cost to you. Other lenders charge for this
  • You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, without a penalty. Other lenders may charge you extra for paying them back faster!
Why Borrow with Greater Govan Credit Union?
  • It sustains growth and employment as the money is spent locally
  • It provides opportunities to our members to travel abroad, get married, do home improvements, manage their finances, further their education etc
  • Borrowing from Greater Govan Credit Union will help secure its future for generations of members to come
How do I apply for a loan?

You have to be a member of Greater Govan Credit Union, with a regular pattern of saving. For members, please visit or contact us and we can discuss your needs and give you an application form.

Loans are subject to approval. Terms & Conditions Apply

Try out our quick and easy loan calculator below

Maximum Loan Amount :
Maximum Loan Term :

£

Term

Repayment Frequency
£
APR
26.8%
# Repayments
Total
Apply for Loan
£
APR
26.8%
# Repayments
Total
Apply for Loan
£
APR
26.8%
# Repayments
Total
Apply for Loan
£
APR
26.8%
# Repayments
Total
Apply for Loan

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.