FAQs Child Benefit accounts What is the Family Loan?

Frequently asked questions

What is the Family Loan?

Our Family Loan lets you borrow from £500 up to £1,000 by switching your Child Benefit to a GWCU account for stress-free repayments and support that puts your family first.

Here’s what you get:

  • Borrow up to £1,000
  • Access your annual Child Benefit upfront — and repay gradually
  • Stress-free repayments and support every step of the way
  • 42.6% APR — fair, transparent, and made for real life

It’s a simple, supportive way to cover the costs that come with family life, from school shoes to birthday surprises.

Find out more here