Affordable credit union loans
Borrowing money
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Local people can apply to borrow £100- £15,000
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A simple online application process with fast decisions
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Affordable repayments with no hidden fees
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Spend the money on your home, car, or pay off debts
Advantage Loan
Borrow between £7,500 to £15,000 with an 8.9% interest rate.
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This loan is for homeowners
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This loan is designed for those with a good credit score
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Our lowest fixed interest rate
Personal Loan
Borrow up to £15,000 with a 14.9% APR interest rate.
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Everyone can apply for this loan
- Flexible repayments and no hidden fees
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Fixed, fair interest rate
Family Finance Plan
We are not currently accepting new applications for the Family Finance Plan but we want to reassure you that support is still available.
Fair and affordable ways to borrow money
Find the loan which is right for you
There are three different GWCU loan options, but they all have ethical, responsible features.
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The online application only takes 15 minutes
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Start your application and save it if you need more time
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Decisions on your application will be made by qualified lenders
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Our team makes sure the repayments are affordable for your lifestyle
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There are no hidden charges, no late fees, and no early repayment penalties
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Choose your repayment plan with weekly, fortnightly, or monthly repayments
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Take up to 5 years/ 60 months to repay your loan
To apply for a loan, you need to meet the following four criteria:
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You have to be aged 18 or over
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You have to live or work in Bristol, Bath, Gloucestershire, Wiltshire, Somerset, and Dorset
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You have to have a regular income over £450 per month
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You have to have enough disposable income to meet the loan repayments
Here’s what you need to apply
We need this so we can contact you easily.
This is important so we can send your loan documents to you.
This is to prove your identity.
We use Open Banking to securely confirm your income, so there’s no need to provide bank statements or payslips.
We need these so we can set up your loan repayment.
A local, ethical credit union
100% committed to our members
GWCU is a credit union. This is not the same as a bank or a building society.
GWCU is a financial organisation, but we do things differently than high street banks. Since 1999, GWCU has lent money to our members. Members get the money they need at the fairest interest rates.
Banks, payday loans, doorstep lenders, and other financial companies lend money too. However, they often have high fees and high interest rates. When people borrow from one of these places, they can sometimes get into lots of debt fast. Ordinary people, who are just trying to make ends meet, can get trapped into borrowing more and more. This makes life more stressful and difficult.
Not at GWCU. Our members repay their loans and a small percentage extra.
Any profits made at GWCU do not go to banker bonuses, advertising, or shareholders. We share our profits with our members.
Meet our members
"GWCU are careful to not overload people with repayment schedules. They help people with their savings equally as much with loans."
"I had no money left after payday due to repaying pay day loans. GWCU accepted me for a consolidation loan and now I pay much less. I can enjoy my life again!"
“GWCU has helped me improve my credit rating, which has helped me get a flat. It's a great service.”
“I would certainly recommend GWCU instead of a bank or building society. I was treated fairly, and my application was treated on a completely individual basis.”
“I’ve been using GWCU for many years. They are always there to help you. I recommend my friends and family to use GWCU.”
Keeping your money safe
When you save or borrow with GWCU, your money is:
Applying for a loan online
Making GWCU members, our local economies, and our communities better off.