Before you apply
How the application process works
Current members can apply for a loan at any time. Assuming you are eligible, it is also possible to join and become a member of the credit union at the same...
Mon, 29 Apr, 2019 at 3:27 PM
When you apply, we’ll ask for your permission to pass certain details from your application on to a credit referencing agency. This process, usually referre...
Wed, 26 Aug, 2020 at 3:20 PM
Usually, you’ll need to have paid off at least 1/3 of your existing loan before we can give you an additional loan. If you have a CUOK! Loan with us, this n...
Fri, 8 Nov, 2019 at 10:01 AM
The amount we can offer you will depend on your individual situation. We consider things such as as your income, employment and spending habits to decide wh...
Fri, 8 Nov, 2019 at 10:09 AM
Your chances of approval will depend on the type of loan you have applied for and your circumstances. All loan decisions are taken based on our loan policy...
Mon, 29 Apr, 2019 at 3:29 PM
Not necessarily, though we will take your credit history into account. Unlike many lenders, your credit score is just one of several factors we consider...
Mon, 10 Feb, 2020 at 12:27 PM
When you apply, we’ll ask for your permission to pass certain details from your application on to a credit referencing agency. This process, usually referre...
Mon, 10 Feb, 2020 at 12:31 PM
If your loan application is approved, a record of the loan will be added to your credit file. This will be updated each time you make a loan repayment, so o...
Mon, 10 Feb, 2020 at 2:29 PM
An overdraft is an agreed amount of money which is available for you to borrow whenever you need to. Unlike a loan, an overdraft is agreed in advance. T...
Thu, 7 May, 2020 at 11:56 AM