Xmas loans might not be at the top of your Santa wish list, but for those needing a little extra cheer to make the season sparkle, they could help take the pressure off your festive plans.
There are many reasons someone might need an Xmas loan.
It could be to make a special person’s wish come true with the perfect gift. It could be to create unforgettable memories with a holiday trip and some winter sun. Or even simply be to deck the halls with boughs of holly.
Whether it’s covering unexpected expenses or creating new traditions, Xmas loans can make this season one to remember – but don’t get tricked into overextending yourself.
Why is Northern Community Bank the place to come for Xmas loans?
When it comes to Xmas loan lenders, there’s definitely a naughty list and a nice list.
While it’s true that some unscrupulous lenders might leave you with a lump of coal in the form of hidden fees and sky-high interest rates, trustworthy lenders are out there, ready to ensure your festive season is filled with joy – not financial stress.
Northern Community Bank is proud to be on the nice list! We offer Xmas loans, big or small, tailored to meet everyone’s festive needs. With transparent terms and low rates designed to support the families who need it most.
And if you’ve left your Christmas shopping to the last minute, don’t worry! We offer quick loan decisions, usually within 48 working hours, provided we have all the necessary information. Repayment plans are always based on affordability, meaning you won’t spend the new year worrying about your finances. Plus, if you want to repay early, there are no early repayment penalties – unlike with many other lenders.
Loan repayments can also be made by standing order or direct benefit payments, such as Child Benefit, Universal Credit, or Tax Credits. And the best part? You don’t need to visit a branch. The whole process can be completed online, either through our Online Accounts Area or via our secure mobile app.
Make Xmas loans a thing of Christmas past
With Christmas present taken care of, we want to make sure Christmas future is just as merry and bright, without the shadow of financial worry hanging over you.
This was the main reason behind the creation of our Christmas Savings Account. A way for families to plan ahead, save securely, and enjoy a stress-free festive season with money set aside just for Christmas.
With this account, withdrawals, which are available via BACS transfer or cash, can only be made in November and December, ensuring your savings are reserved for this special time of year. And there’s no need to withdraw all your money at once either. Any unused funds will automatically roll over to start your savings for next Christmas.
