10 December - Christmas Loans Deadline Apply by 10 December for the best chance of your loan being processed in time for Christmas Apply Now
London Mutual Credit Union
Making Your Money Go Further
As a credit union, we make it simple to borrow at low rates and to save for the future, with affordable loans, convenient savings, and financial guidance.
Example: £2,800 borrowed over 2 years at 18.68% APR. Total repayable: £3,300.60. All Loans are subject to our Lending Policy and Terms & Conditions
Apply for a Loan
Our Savings Accounts
Money Tips & Guidance
Get Help or Contact Us
Credit Union Christmas Loans
Spread the Cost of Christmas
If you choose to borrow this Christmas, a credit union loan could save you money. Apply for £100-£15k via our online application in 15 minutes or less.
Employer Partnerships
Salary deduction
Get into the savings habit or borrow at low rates with our salary deduction service. To get started, simply join the credit union, and if you work for an eligible organisation, we’ll arrange the rest.
About London Mutual Credit Union
Building a bank for the whole community
At London Mutual Credit Union, we believe that everyone should have the chance to make the most of money, and to be able to use it to reach their goals.
We work to make it simple for everyone to get into the habit of saving regularly, and provide a range of affordable loans and overdrafts at low rates for the times when you need to borrow too.
- Not-for-profit and owned by our customers
- Regulated by the Financial Conduct Authority (FCA) and PRA
- Your deposits up to £85,000 are protected under the Financial Services Compensation Scheme (FSCS)
Awards & Recognition
Mortgages from just 4.90%
Exciting news: we now offer mortgages. Rates starting at 4.90%, with the people-first approach you’d expect from your local credit union.
Rates from 4.90% (variable). Subject to eligibility.
News & Updates
Blog
Economic Abuse is More Common Than You Think. Here’s How to Spot the Signs.
Nearly 2 in 5 adults have experienced economic abuse from a partner. This International Economic Abuse Awareness Day, we think it’s time to talk about it, and the support available to victims and survivors.
London Mutual’s Black Friday Survival Guide
It’s important to remember that even during the chaos of Black Friday, you still have rights as a consumer.
Plan Ahead for Christmas with London Mutual Credit Union
If you choose to borrow this Christmas, a credit union personal loan can be a great option. Here’s everything you need to know about applying.
How It Works
Getting started is simple. Join or apply online, in just a few minutes and we’ll take care of the rest
Become a member
Join online and start saving straight away, or do it at the same time as you apply for a loan.
Save regularly
Whether you are here to borrow or save, we’ll encourage you to save regularly.
Salary deduction
If you work for an eligible employer, your savings or loan repayments will be deducted directly from your salary.
Manage your money
Check your savings or loan balance at any time using our mobile or web apps or by SMS.