Personal
Loan

  • Easy to apply
  • Affordable, flexible repayments
  • Borrow from £100 up to £15,000
  • No hidden costs or sign up charges
  • People with poor credit history can apply
Find out more

Simple Savings
Account

  • Start saving with as little as £1
  • £10,000 limit on deposits
  • Requesting a withdrawal is quick and easy
  • 24 hour access to your account online or with our app
Find out more

Debt Consolidation
Loan

  • Help to take back control of your debts
  • Simplify multiple repayments with one amount
  • Up to a maximum balance of £5,000
  • Your monthly repayments may be reduced
Find out more

Before you apply

We Want to Help!

Application Information Tips

We’re committed to making your application process as easy and secure as possible. Here are some key things to keep in mind:

Accurate Information Speeds Up Your Application

The information you provide helps us verify your identity and make a quick decision on your application. Accurate details will streamline the process and get you on your way faster!

Security is Our Top Priority

We use secure technology to verify your application. To ensure your safety and prevent fraud, we can only accept applications with your bank account details. Providing inaccurate information, including using someone else’s bank account, can lead to your application being withdrawn.

If you are self-employed

Please note that we do not take self-employed income into account during our affordability assessment, this means that we cannot offer you a loan if you rely solely on your self-employed income.

We can however offer a loan to you if you are self-employed and in receipt of additional benefits, if the loan is deemed affordable.

Open Banking: A Secure and Convenient Way to Apply

We use Open Banking technology to securely access your bank statements directly. This eliminates the need for manual uploads and keeps your information safe.

Here’s How You Can Benefit:

  • Faster Application Processing: Accurate information using your bank account and Open Banking will speed up your application review.
  • No Need for Uploads: Open Banking takes care of retrieving your bank statements, saving you time and effort.
  • Secure Technology: We prioritise the security of your information using the latest technology.

Still Have Questions?

We understand that applying for something new can be confusing.  If you have any questions about using Open Banking or acceptable application information, please don’t hesitate to contact us on 0330 004 0842. We’re happy to help!

 


NLCU Blog

 

What is a
credit
union?

Credit unions are owned and run by the people who use their services. This means they can focus on what really matters. And that’s helping people, not chasing profits.

We deliver a range of competitively-priced financial products and services to our members from all sectors, including both the traditional banking customers and those who have been previously without access to banking facilities.

Why choose us?

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We’re a local not-for-profit organisation owned by our members

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Our loans have fair and affordable
interest rates

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Flexible repayment with no penalties or hidden costs

Family looking at an ipad

Who can join us?

Our loans and savings accounts are for people living or working anywhere in Nottinghamshire or Lincolnshire (excluding Humberside). They are also available for NCHA residents and those working for one of our payroll partners.

If you don’t qualify, there are many other local credit unions who may be able to help.

Find another credit union

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Become a member

To apply for a loan or savings account, you’ll need to join us as a member. You can do this easily and safely online, or by calling into one of our three branches.

Apply online

“have been great helping me out of difficult financial issues, rates are excellent I’ve had 3 or 4 loans now have cleared all my debts next will be a holiday but is the best place I’ve ever had a loan from”

J Green, NLCU Member

“Over the years I’ve had a couple of loans with credit union.which offer great interest rates and affordable repayments the staff at Mansfield are very polite and always a pleasure to go and see especially Marie. They helped me to consolidate my debts and improve my credit score.”

A Barlow, NLCU Member

“Staff here are extremely helpful and will be happy to help you with any problems you may have at any time. I know this from personal experience.”

P Clark, NLCU Member