Apply for a personal loan
- Small Loan
- Standard Loan
- Larger loan
Borrowing £0 0ver 0 months will cost £0 per month.
Total amount repayable £0, which includes interest at 0% APR.
The key things to remember about Thamesbank’s loans are:
- We do not charge any arrangement fees.
- We only charge interest on the outstanding balance of your loan.
- We do not charge for early repayment of your loan.
Child Benefit Loans
Transfer your child benefit to Thamesbank and we will give you a loan of £500 at 42.6% APR repayable over 50 weeks.
If you have more than one child and have paid off at least two £500 loans and have a £100 in Child Benefit Savings you can apply for a loan of £1,000 at 26.8% APR.
New members paying into their credit union through a deduction from their payroll can apply for an introductory loan of up to £3,000 repayable over up to 60 months at 26.8% APR.
Savings Link to Loans
Regular savers can apply for a loan that is roughly three times the value of their savings.
Equity Linked Loans
If you are a regular saver with equity in your property we can give loans up to the maximum allowable by our Regulator which is £10,000 on top of your savings. The maximum savings you can have is £7,500.
Terms & Conditions for Loans
- For loans over £500 we may credit check.
- We may require to see at least two months of recent bank statements.
- We will expect to see at least 12 months of regular savings unless you are making payments through your payroll.