Loans
The two most important things about a loan are, being able to borrow the money and being able to repay it. At Dumbarton Credit Union Limited 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 Loans at a glance
Secure Loan
Dumbarton Credit Union provides secure loans. These loans are equal to or less than the shares you hold in your main savings account. This means that there is no risk to the credit union.
Share Dependent Loan
We provides loans for its members. This loan is dependant on your ability to repay your loan. We require proof of your income e.g. 3 months payslips, bank statments or DWP benefit confirmation.
One Year Term Loan
This loan complements your exisiting main loan. The One Year Term loan allows members to apply for a loan which has to be repaid over one year.
Debt Consolidation Loans
You can apply for a loan to clear your credit cards and any high interest loans which can be consolidated into one loan reducing your monthly payment.
Try out our quick and easy loan calculator below
Maximum Loan Term :
12.7%
12.7%
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.
