Providing loans to Members is one of the main functions of White Cart Credit Union. We encourage you to manage your money carefully by structuring loans around your needs and your ability to repay. There are no hidden charges or fees.

Once you have been a member of White Cart Credit Union and saved for six weeks, you can apply for a loan. Membership costs only £1. Ask for an application form today.

We offer our members a competitive, low rate of interest. Interest is charged daily on the decreasing balance of your loan and there are no hidden extras like set up or arrangement fees and there are no penalties for paying off your loan early.

We’ll treat you fairly and assess your loan application on your personal circumstances and all loans come with free life insurance.*

We lend up to £5,000, but as a responsible lender we won’t offer you a loan above an amount that we could reasonably expect you to repay.

While Credit Unions can charge up to 3% interest per month, all our loans are granted at an interest rate of 1% per month.

Loan Protection is underwritten by Covea Life Limited.
Covea Life Limited is authorised by the Prudential Regulation Authority and regulated by Financial Conduct Authority and Prudential Regulation Authority.

Loan Protection

Your Credit Union loan is protected in the event of your death* – helping protect your family from the financial burden of bereavement.

Loan Protection is built into your loan when you borrow from your Credit Union. It offers you the security of knowing that in the event of your death, your loan will be cleared.*

Loan Protection is a feature of your membership with White Cart Credit Union. You do not have an individual policy, however the Credit Union takes out a Group Life Policy to provide the benefits to its members.

Your family can take comfort, secure in the knowledge that your Credit Union debt can be cleared*, giving peace of mind at a stressful time.

As a Credit Union member, you’re not only borrowing for the things you desire to make life more comfortable for you and your family; by choosing your Credit Union to borrow from, you’re helping your Credit Union provide better value loans for all Credit Union members. With the added peace of mind provided by Loan Protection, loans from your Credit Union can offer better financial security for you and your family.

*Subject to terms and conditions.

White Cart Credit Union

Are you ready to join?

Feel free to contact us via the contact page or stop by. We are located in Paisley, UK