There’s nothing more important than family. And for Northern Community Bank, there’s nothing more important than family loans. You don’t need to watch the news every day to know times are hard. A trip to your local supermarket with a calculator will tell you that.
If ‘pandemic’ was the word of 2020, ‘inflation’ has a real chance of being 2023’s
The ongoing (it’s beginning to feel like never-ending) cost-of-living crisis means more and more people are struggling to afford just the essentials right now.
And even for those who can, life’s perks – holidays, new cars, a new kitchen – are becoming increasingly difficult to budget for.
Northern Community Bank’s family loans offer respite from the mounting bills. A chance for you to get your finances in order, or an opportunity for you to treat your family to a well-earned break.
Whatever you need the money for, our family loans are here for you.
Do Northern Community Bank’s family loans require a credit check?
Credit check. The dreaded scourge of many a loan applicant.
At Northern Community Bank, we don’t believe a person should be penalised for mistakes or choices from years ago.
That’s one of the reasons we introduced our £500 Family Loan & Saving Scheme. It lets account holders borrow money without a credit check, and use their child benefit for repayments. All applicants have to do is fill out a simple loan application, complete a straightforward affordability assessment, and then wait for one of our dedicated staff members to get in touch.
We actually aim to reach a decision within 48 working hours, and if successful can make a £500 BACS payment that same day.
On top of this, our decisions are made by real people – not computers – so you know your application is being looked at fairly, thoroughly and professionally.
Can I apply for a larger loan?
With Northern Community Bank, you can apply for loans from £150 right up to £15,000.
No set-up fees, no late payment penalties, no early settlement penalties. Just good, honest loans at highly competitive interest rates, with repayment plans carefully tailored to suit your financial circumstances.
For four decades, we have prided ourselves on being there for our account holders.
In that time, we have provided more than £90 million in loans to the community. As an ethical, not-for-profit financial co–operative, we are able to ensure all this money remains within your community, instead of lining the pockets of external shareholders.
Our word of the year never changes – ‘family’.
If you would like to talk to us about joining the Northern Community Bank family, or you would like to find out more about family loans, then our staff are always on hand, ready to help. Just call 01282 691333.
