Revolving Credit

We have moved to make it much easier for you to access loan finance here at UCU.

Revolving Credit loans will be available to members who meet certain criteria, and will enable you to obtain finance by simply picking up the phone and calling us.

Here’s how it works

• When you apply for a Revolving Credit personal loan, we will assess you and establish a limit that you will be eligible for.  To do this we will take into consideration your length of membership, credit rating, past lending history, ability to repay, employment history, savings history and if security is available.

• Once  your limit has been established, you can apply for further advances simply by phoning us (minimum drawdown is $500).  If we approve your request your loan will be available immediately and can, if you wish, be transferred to your Call Account so you can draw the funds immediately with an Access/Unicard.

Click here for a loan application. 

Check our Rates & Fees page for the current loan terms and interest rates and have a look at our Loan Calculator to help you get an idea of the repayments.