At last night’s Board meeting we were delighted to note that following the addition of our new Home Improvement Loan and the recent Car Loan our overall loan book of £27.4m is the highest it has ever been. Of course with £54m of savings held we have plenty more funds available for lending and whilst we would never encourage our members to take on additional debt, we do ask that if you are going to borrow you try us first. If you do, we know you will appreciate the many advantages of a loan from Scotwest including the rate we advertise is the rate you get (we never use “teaser rates”) and that we only apply interest to the outstanding capital balance (you never pay interest on interest). Go to and check out our loan calculators to see just how little you pay when borrowing from Scotwest and then compare it to other institutions!

Yours in co-operation

David  McRiner
Scotwest Credit Union