LOANS@WORK provides an affordable alternative to high street and high interest lenders. Whether it’s a loan before payday, a longer term loan, or to consolidate existing borrowing, your employees can repay over a set period at a lower rate of interest, directly from their salary.
Talk to us about how we can work with you to tailor our products to suit your employees’ borrowing needs.
Great Western Union (GWCU) has been awarded the highest possible 5-star rating from the Fairbanking Foundation for providing loans that help people borrow better.
This means that our loans improve the financial wellbeing of our members, as they are encouraged to save as they borrow.
How does Great Western Credit Union compare?
Rate accurate as of 11/09/19
Our lending options include
- Short-term, guaranteed loan
- Borrow £100 to £1,500, depending on your salary
- 32.9% APR representative
Employer Partner loan
- Borrow between £100 and £15,000 for up to 5 years
- Fair rates from 6.9% – to 22.9% APR representative
- Borrow £2,000 to £15,000, to fit solar panels.
- lowest-ever rate of 5.9% APR representative
All loans subject to status and approval, and are only
available if you’re over 18.Terms and conditions may apply to individual products.
“I’d built up debts over a number of years, but the interest was high, and I struggled to reduce the balances enough to make any difference. I was approved for a £15,000 loan with GWCU which is helping turn my life around. I will be debt free in a matter of 4 years, instead of 20+ years.”
Darren, GWCU Member