Regular Saver Loan
Borrow with the backing of your savings
If you’re already saving with Wirral Credit Union, your savings could help you access one of our lower-rate member loans.
Our Regular Saver Loan is designed for members who have built up savings with us and want to borrow in a fair, affordable way. It is a traditional credit union loan based on the savings you hold in your account, giving you the chance to borrow while continuing to build good saving habits.
That’s the credit union difference: we don’t just lend — we help you keep saving too.
Why choose a Regular Saver Loan?
A Regular Saver Loan can be used for almost any purpose, whether you’re planning ahead, covering a larger cost, or managing an unexpected expense.
Because the loan is linked to your savings, eligible members may be able to borrow a multiple of the amount they have saved with us. This means the savings you have built up can help you access affordable credit when you need it, while you continue to save as you repay.
Key Benefits
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Borrow from £50 up to £20,000, subject to approval
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Payroll savers may be able to borrow up to 3 times their savings balance (subject to status)
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Standing order savers may be able to borrow up to 2 times their savings balance (subject to status)
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Repayment terms from 3 to 36 months
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Typical APR from 12.68% to 26.8%
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No loan arrangement fee
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No early settlement fee
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Continue saving while you borrow
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Apply through the mobile app or by speaking to our team
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Local, ethical and affordable lending from your credit union
Who can apply?
You must be a Wirral Credit Union member, aged 18 or over, and hold savings with us.
If you save through payroll deduction, you may be eligible to apply after one regular payment has been received. Payroll savers may be able to borrow up to 3 times the value of their savings, subject to affordability and lending criteria.
If you save by standing order, you will usually need to make three consecutive monthly payments into your savings account before applying. Standing order savers may be able to borrow up to 2 times the value of their savings, subject to affordability and lending criteria.
The amount you may be able to borrow will depend on your savings, your circumstances, affordability, and our lending criteria.
Save while you borrow
With many lenders, borrowing can feel like taking a step backwards. With Wirral Credit Union, we want borrowing to be part of a healthier financial journey.
That’s why our Regular Saver Loan encourages you to keep money aside while making affordable repayments. As your loan reduces, your savings habit continues — helping you build resilience and giving you something to fall back on in the future.
How to apply
Regular Saver Loan applications are not currently available through the website.
Existing members can apply using the Wirral Credit Union mobile app or by contacting our Member Services team.
Call us on: 0151 638 4332 or 0151 201 1051
A member of our team will be happy to talk you through your options and help you decide whether a Regular Saver Loan is right for you.
Responsible Lending
All loans are subject to status, affordability checks and lending criteria. We will always aim to lend responsibly and provide a product that is affordable for you.