Spread the cost of school kit.

If you’ve got kids at school, it can sometimes seem like there’s a never-ending list shopping list of things they need. From uniform and sports kit to musical instruments and school trips –  sometimes you might just need a helping hand to cover the costs.

Don’t get caught out by online or high street lenders; borrow up to £400 from us at low, fair rates, and pay back over up to 3 months.

  • monthly repayment

    Representative example: CUOK loan for £5000 at 42.6% APR (representative) over 18 months. Total repayment: . Total loan cost: .

  • Full marks for fair banking

    Our CUOK short-term loans have been awarded 5/5 stars by the Fair Banking Foundation. The Fair Banking Mark is your independent guarantee that our loans are built on fairness and transparency, and have been designed with your financial well-being in mind. 

    The London Mutual difference

    No hidden fees

    Borrow with confidence. No ‘arrangement fees’, hidden costs or penalties for early repayment, just the agreed monthly payments including interest, making it easy to plan your finances.

    Competitive rates

    As a not-for-profit credit union, our interest rates are designed to reflect the true cost of providing your loan, and to be fair as well as competitive.

    Fair applications process

    Your application will be considered by a real person,  not a computer. We’ll consider your individual circumstances, such as your ability to repay and any existing financial commitments.

    Responsible (and award-winning) lending

    Our products have been accredited by the Fair Banking Foundation, which recognises that they are designed to boost your financial well-being—not just our bottom line.

    Good to know

    Am I eligible to apply for a loan?

    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 time as applying for a loan.

    It’s also worth bearing in mind that occasionally products and promotions will only be open to those who have been a member for a certain period of time, have a certain amount saved with us, or who are signed up for payroll deduction.

    Is my application likely to be approved?

    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 and made by a person, not a computer, and so we will always try to take your individual situation into account. In cases where we can’t approve the full amount applied for, we may be able to offer you a lesser amount, or an alternative rate.

    How do I know if my loan has been processed?

    We know that it’s important to know what’s going on. After your application has gone in, you will receive an SMS informing you at each stage of the loan application process, so that you know exactly when you can expect to receive your money.

    What happens if I'm struggling to repay?

    If you are experiencing difficulties with repaying your loan, please talk to us as early on as possible. Together we will work together to find a solution.

    To enable us to help you, it’s really important that you are upfront and honest about your circumstances, and stay in touch with us. Being open will give us the best possible chance of helping you to maintain a good credit score, which will enable us and other lenders to lend to you in future.

    You can find out more about how we can help if you’re struggling with debt on this page.

    Make things happen with a loan from London Mutual

    Apply for a London Mutual loan today

    Competitive rates, with no hidden fees

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