Travel, weddings, educational costs, whatever your aspirations, a personal loan can make the dream come true.

Is this loan for me?

Before you apply

Churches Mutual loans are offered on an affordability basis so we take into consideration your monthly income, your expenditure and your overall credit history. If you currently have credit commitments that may impact on your ability to repay a Churches Mutual loan, you may wish to consider a Consolidation Loan. Churches Mutual does not offer payday loans but expect all loans to be repaid within a realistic time frame and a manageable budget.

If you are not an existing member of Churches Mutual, please check your eligibility before completing the application form.

Churches Mutual now uses ‘Open Banking’ to assist us in assessing the affordability of the loans we make. This means that in most cases it will no longer be necessary to send us bank statements in support of your application (there are some exceptions, for example if you bank with the Co-op), instead after you have submitted your loan application we will send you a text message with a link that enables you to give permission for us to download a report via the Sercle App to help us with assessing the amount of income you have available to repay a loan. If Open Banking is new to you Martin Lewis has a good introduction on his website:

https://www.moneysavingexpert.com/banking/open-banking/

If you cannot or do not wish to use open banking, please provide banks statements as requested in the application form. This can be uploaded to our secure document submission page or emailed to
loans@cmcu.org.uk

See our FAQs if you're unsure how to send your statements to us.