Be a Wise Borrower

GMB Credit Union provides a choice of affordable loans ranging from £200 to £20,000 with interest rates ranging from 3.00% APR to a maximum of 43% APR. We also offer top ups on existing loans if members require additional borrowing by simply increasing the value of their existing loan.

Members pay interest on the reducing loan balance. This means that we only charge you interest on how much you have left to pay, not on how much you borrowed in the first place.

Our key objectives are to save our members money and assist them with managing their household budgets. Members can repay their loans early without charge indeed, we have no hidden fees or charges on any member loans.  

Most of our loans over £5,000 will come with a three month repayment break to help our members level out those unexpected events which we all experience. These payment breaks can be taken one month at a time, or in one go.

We regularly compare our loan rates against the market and offer our members a price match promise to ensure that our members pay less for their borrowing.

Learn more and apply for our individual member loans below.

Every Month
Interest Payable
Apply for Loan

This calculator is for illustrative purposes only. The actual interest rate will depend on a members individual circumstances at the time of application

How to apply

Apply through nivo

Our fully encrypted messaging App is the quickest and most secure way to apply for a loan.

Apply through our website

Apply through our website although it will take longer to process.

Our Member Loans

From £2,000 - £20,000.

From £200 - £2,000.

From £2,000 to £20,000

Top Up Loans
Top Up Loans

Top up your existing Credit Union loan.

Family Credit
Family Credit

Child Benefit Loan up to £1,200.

Consolidation Loan
Consolidation Loan

Borrow from £3000 - £15,000.

Save & Borrow Loans
Save & Borrow Loans

Improve your credit rating.