Your local credit union
Pay it off in 2020
A consolidation loan from London Mutual can save you money on interest and fees, with one salary-deducted monthly repayment.
Salary-deducted savings and loans
Our salary deduction service is available to staff at 25+ major local employers, including those listed below.
What others say
New overdraft rules are coming into effect that could make regular use of an overdraft much more expensive.
New rules are coming into effect which mean your credit card may be suspended if you regularly pay only the minimum amount.
"People take out loans for all sorts of different things, such as going on holiday, paying bills, childcare, home improvements, funerals, cars. It all depends on what time of year. We have Christmas loans and in the summer it’s usually holidays"
Lisa Walder, Deputy Branch Manager
About London Mutual Credit Union
We were founded by employees of Southwark Council in 1982. Since then, we’ve had one mission: serving our member communities by providing fair and ethical financial services that are relevant to their needs.
The community we serve (known in law as our ‘common bond’), now covers the heart of Central London. This includes the Boroughs of Lambeth, Southwark, Camden and Westminster, in addition to all serving members of the UK armed forces and anyone who worships at the New Testament Church of God. Family members living in the same household as one of these groups are also eligible to join.