Scotwest offers a unique range of personal loans to meet members’ specific borrowing needs. The benefits of borrowing from Scotwest include:
- Efficient, personal and friendly service at all times
Applications can be submitted online, over the phone, by post or in person
- Competitive rates of interest
Interest is calculated daily on your reducing balance thus saving you money
- The rate you see is the rate you WILL get
Decisions based on ability to repay with all members are treated equally
- Easy repayments through payroll or direct debit
Ability to continue saving as you repay your loan
- Quick loan decisions
Refinancing and multiple loan accounts are available
- Free loan protection insurance (conditions apply)
- Optional accident, sickness and unemployment insurance
- No hidden charges or fees
Make extra payments whenever you want
The current range of loans available includes:
|
Unsecured Personal Loans
Ideal if you are looking to borrow from the Credit Union without using any of your savings as security for your loan. |
SavingsSecure Loans
Ideal if you would like to benefit from our lowest interest rates through using your current Credit Union savings as security for your loan. |
Flexiloans
Ideal if you would like the convenience of applying for a specific loan limit from the Credit Union and then being able to submit ongoing fund requests up to this limit as and when you require - without the need to submit additional loan applications. |
Applying for a loan View our current interest rates |
