Starter Loan
A straightforward loan to help you get started with repayments through your wages or by standing order.
How it works
Improve your credit over time. The Wirral Credit Union Starter Loan is for people new to borrowing with us. You make regular repayments and build some savings alongside them, which should increase your credit score.
You can apply straight away, and if approved, we’ll agree on a suitable repayment plan with you before the loan begins.
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Borrow up to £500
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Repay over 3-12 months
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No savings needed to apply
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Savings built into repayments
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Repay via payroll or standing order
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Typical APR 42.6%
Who it’s for
You can apply if you:
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Are aged 18 or over
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Live or work in a CH postcode
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Are new to borrowing with Wirral Credit Union
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Are not currently in a debt arrangement (such as an IVA or Debt Relief Order)
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Do not have a recent CCJ
