SECURED LOAN

Borrow up to the value of your shares from a rate of 6.2% APR

ABOUT OUR SECURED LOANS

If you’re looking for a loan and you have the equivalent saving amount, you can borrow from just 6.2% APR with Pioneer Mutual Credit Union

You will also have the added benefit of your savings and loans being protect by our Life Savings and Loan Protection cover (terms and conditions apply).

 

Why choose a secured loan from Pioneer Mutual Credit Union?

  • We offer flexible amounts and repayment methods
  • Our interest rates are only charged on the reducing balance and not on the total loan amount borrowed
  • There are no set-up fees or early repayment charges
  • You can save while you borrow
  • Mix and match and top up a secured loan with our unsecured loans

Borrow between:
£50 – £4999 with a fixed interest rate of 12.7%
£5000 – £9999 with a fixed interest rate of 9.4%
£10000 – £32000 with a fixed interest rate of 6.2%

Total Repayment:
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Monthly Repayment:
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Total Interest:
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Representative APR:
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FURTHER INFORMATION

Why choose a secured loan from Pioneer Mutual Credit Union?
  • We offer flexible amounts and repayment methods
  • Our interest rates are only charged on the reducing balance and not on the total loan amount borrowed
  • There are no set-up fees or early repayment charges
  • You can save while you borrow
  • Mix and match and top up a secured loan with our unsecured loans
Useful Information

Click on the links below to check the following information: