We will always do our utmost to help where we can, but we do have to ensure we lend our members money responsibly, meaning there may be occasions we are unable to lend.
Available within the first six months of membership
You can apply to borrow up to £2000
Borrow up to 3 x your savings + £300
After one year’s membership you can borrow 6 x your savings (less any outstanding loans)
Requires a minimum savings balance of £3000, accumulated over 18 months
You can apply to borrow up to 4 x your savings
Minimum loan £5,000 - Maximum loan of £20,000 (less any outstanding loans)
Requires a minimum savings balance of £5000
You can borrow up to the equivalent of your savings and the full loan is secured at all times against your savings
Minimum loan £5,000 - Maximum loan of £12,500 (less any outstanding loans)
For members who have been saving for 12 months or over there is an additional and even more flexible loan facility. The Revolving Credit Loan lets to draw out money when you need up to an authorised limit of £2,000.
Check our loan calculator to see your potential repayments – Click here
CONTACT METRO MONEYWISE
If you would like to arrange for a site visit to you work place, please contact the office and ask for our Membership Officer Janice Hopwood