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Helpful Loans, Made for You

Using your Child Benefit for the repayments, a loan designed to support you.

Loans To Help Families

Our Family Loan and Saving Scheme lets you borrow up to £500 and use your Child Benefit payments for the repayments. It’s a simple, affordable way to manage family expenses, with no credit check required. After a quick affordability assessment, your Family Loan can be ready in no time.

How It Works

  • Apply quickly online with a simple loan form
  • No credit check - we assess affordability
  • Receive a decision within 48 working hours
  • Get your £500 loan via same day Bank payment
  • Opportunity to build savings alongside repayments
  • Simplifying savings and loans for community

Save as You Borrow

With our Family Loan, we ask you to save at least £2 a week while you’re paying back your loan. This amount is set aside and can’t be withdrawn until your loan is fully repaid – or your savings are more than what you still owe, in which case you can take out the extra. You can also choose to save a bit more on to– maybe for Christmas, holidays or life’s little treats – but that part’s completely up to you.

Who Can Apply?

Aged 18 or over

Receive Child Benefit and agree to have it paid into your account with Northern Community Bank

Live or work in Burnley, Pendle, Preston, Ribble Valley, Rossendale, Hyndburn, Lancaster or Cumbria. Be employed by or receiving housing services (i.e., tenancy) from The Together Group, Calico Group, Accent Group, or Your Housing Group.

Please note: We cannot lend to anyone in an Individual Voluntary Arrangement (IVA), Debt Relief Order (DRO) or Bankruptcy, this will be checked on application.

How to Apply

Complete our simple online loan application. There’s no need to be an existing saver. You will need to provide proof that Child Benefit is paid to you. We aim to make a decision within 48 working hours once we have all the required information. If your application is successful, we can make a same day BACS payment.

It is really easy to apply for Family Loan

Complete this short application and Northern Community Bank will make a decision within 48 working hours

Apply Now

Need More Than £500?

No problem! We offer loans up to £15,000. You can apply on the website or contact one of our friendly members of staff to guide you through the application process. 

Apply Here

Why Choose a Northern Community Bank Family Loan?

  • Boost your credit rating by keeping to your repayment schedule
  • Loan decisions made by people, not computers
  • FREE life insurance (subject to Terms and Conditions) - your loan is paid off if the unexpected happens
  • Savings protected by the Financial Services Compensation Scheme up to £85,000
  • Access your account online or through the app anytime to check balances, request withdrawals or apply for new loans