Personal loans | Capital Credit Union

Personal loans

A personal loan
built around you

Fair, ethical lending from a credit union owned by its members. Fixed monthly repayments, no hidden fees, and a real person reviews every application.

Borrow from £500 to £25,000

Terms from 3 to 60 months (up to 84 months for loans over £15,000)*

No arrangement or early repayment fees, ever

Free loan protection insurance included**

Calculate repayments Check requirements

*Loans of £500 to £14,999: terms 3 to 60 months. Loans of £15,000 to £25,000: terms 12 to 84 months. Membership eligibility criteria apply. Loans subject to status and affordability. **Free loan protection insurance is subject to eligibility criteria and policy terms.

Personal loans Member-owned, ethical lending

Personal loan APR from

7.9%

Fixed, subject to status

Borrow £500 to £25,000 over 3 to 84 months*

Representative example: borrow £1,500 over 18 months, you would make 18 monthly repayments of £97.07. Total amount repayable would be £1,745.63. 19.9% APR (fixed).

Before you apply

Eligibility check

Check your chances of being approved for a loan. Answer a few questions to check your eligibility, and don't worry, this won't affect your credit score.

A personal loan is open to members and to anyone eligible to join. Check you meet the basics, then use the calculator to see what your repayments could look like.

Important: If you proceed with a full loan application, we will carry out a hard credit check. A hard credit check will be recorded on your credit file and may be visible to other lenders. This could affect your ability to obtain credit elsewhere.

Aged 18 or over

At least 18 years old.

A UK resident

Living in the UK, with a UK bank account.

A member, or eligible to join

Membership is generally open to people who are employed. Join as you apply.

A regular income

So we can check the loan is affordable.

Recent serious adverse credit history may affect eligibility

Arrears, CCJs, Trust Deeds, defaults or bankruptcy may all impact eligibility.

Able to show affordability

A real person reviews every application.

Our rates

Rates by loan amount

All our loans are fixed rate, with no arrangement or early repayment fees. The rate we offer is based on our assessment of your application. Borrow only what you need and can comfortably repay.

Amount you borrow Representative APR

£500 to £2,499Representative 19.9% APR

£2,500 to £4,999 17.9% APR

£5,000 to £7,499 10.9% APR

£7,500 to £25,000 7.9% APR

Rates are fixed for the life of the loan. At least 51% of approved members receive the representative APR or lower. Your actual rate may vary based on our assessment. Subject to status and affordability. Membership eligibility criteria apply.

Loan calculator

See what your loan could cost

Adjust the sliders or click any value to type an exact amount.

Borrowing amount

£ 5,000

£500£25,000

Repayment term

36 months

3 mo60 mo

£500 to £2,49919.9% APR

£2,500 to £4,99917.9% APR

£5,000 to £7,49910.9% APR

£7,500 to £25,0007.9% APR

Estimated monthly repayment

£ 163

Representative 10.9% APR (fixed)

Borrowing£5,000

Term36 months

Interest (estimated)£885

Total repayable £5,885

Illustrative estimates only and do not constitute an offer of credit. Figures are rounded to the nearest pound, so totals may not exactly equal monthly repayment × term. Exact amounts appear on your loan agreement. At least 51% of approved customers receive the representative APR or lower. Your actual rate may vary. Loans subject to status, affordability and eligibility. Missing payments could increase the total amount payable and may affect your credit file. Membership eligibility criteria apply.

Why Capital

Lending that puts members first

A real person reviews your application

Not just a credit score. Our lending team looks at the full picture to find repayments that genuinely work for you.

No hidden fees, ever

No arrangement fees. No early repayment penalties. The rate you are quoted is the complete cost of your loan.

Free loan protection insurance

Included with your membership. If you pass away, the outstanding balance is cleared. Subject to eligibility and policy terms. View full details.

Fast, responsible decisions

We move quickly and meet every responsible lending requirement. You will always know where you stand.

Repay your way

Direct debit or payroll deduction. Pay off early or make overpayments at any time with no penalty.

Member-owned

No shareholders. Any surplus we generate is reinvested for the benefit of members, not external investors.

What can you use it for?

Life does not wait for
a convenient moment

Our personal loan covers almost any purpose. Planned or unexpected, we are here when you need it.

Home

Improvements and repairs

Education

Courses and training

Holiday

Travel and experiences

Life events

Weddings and celebrations

Unexpected

When life surprises you

How it works

Straightforward from start to finish

New members and existing members are both welcome to apply. The process is simple.

Join Capital Credit Union

New members can join and apply for a loan at the same time. Our process is straightforward and everything can be done online.

Submit your application

Tell us how much you need, over what term, and what it is for. Apply securely online through your member account.

We review it personally

Our lending team assess your income, outgoings and ability to repay. If we can help, we approve in principle and send you a credit agreement to sign.

Funds in your account

Once you sign and return your agreement, we complete a few final checks. When those are passed, the money is transferred. Very occasionally a check means we cannot proceed. You then repay monthly by direct debit.

To apply you need to be aged 18 or over, a UK resident, and a member of Capital Credit Union or eligible to join. You also need a regular income and be able to demonstrate affordability. We assess every application based on your income, expenditure and ability to repay responsibly. Membership eligibility criteria apply.

You can apply to borrow from £500 up to £25,000 unsecured. The amount we can offer depends on your financial situation and our affordability assessment. We may offer a reduced amount if the full amount is not affordable for you.

Yes, you can repay in full at any time with no early repayment penalty. You can also make additional payments to reduce your balance whenever you like, at no cost.

Most members repay by direct debit each month. If you work for a partner employer, repayments may be taken via payroll deduction instead.

None. There are no setup, arrangement or early repayment fees on personal loans. The rate you are quoted is the complete cost of your loan.

As part of your membership, your loan comes with free protection insurance up to a defined age. If you pass away, the outstanding balance is repaid in full. This is subject to eligibility criteria and policy terms. View full insurance terms.

We assess every application to ensure any loan we approve is genuinely affordable for you. We look at your income, expenses and overall ability to repay. If we cannot offer the amount requested, we will either suggest a reduced amount or clearly explain why we cannot proceed.

Ready to apply?