Plan ahead, save smart & borrow responsibly
The best way to enjoy Christmas is by planning ahead and sticking to a budget. Whether you're building a savings pot or covering unexpected expenses safely, we're here to help.
Build a dedicated festive savings nest-egg so you're fully prepared without needing credit.
Set realistic spend limits early so you can enjoy the festive season without money worries later.
If unexpected costs arise, avoid high-cost lenders with fair, local credit union borrowing.
Stay protected from unregulated lenders and high interest with safe, ethical community finance.
Are you looking to borrow money? Using a Credit Union could be the right decision.
Personal Loan Interest rates:
The interest rate depends on the amount you borrow from Clockwise
- From £50 to £2,999 at 42.6% APR
- From £3,000 to £10,000 at a representative APR of 21.9%
- Maximum Annual Percentage Rate (APR) is 42.6%.
- Minimum period for repayment is 90 days.
- Maximum period for repayment is 60 months.
Loan Repayment Example
You can borrow from £50 to £2,999 at 42.6% APR
A loan of £500 paid back over 12 months would mean a
monthly repayment of £50.24 and total repayable £602.82
You can borrow from £3,000 to £10,000 at a representative APR of 21.9%. Depending on your circumstances, the APR will range between 29.3% to 16.1%
A representative loan of £3000 paid back over 24 months at 21.9% APR would mean a monthly repayment of £152.64 and total repayable £3663.35
There are no application fees or early repayment fees.
As part of your application, you may be asked to complete a credit check.
3 Simple Steps to Approval
Check Eligibility
Apply in 2 minutes. We check your affordability without harming your credit score.
Review
Our local underwriters look at your story, not just an automated credit number.
Instant Transfer
Once approved, funds go straight to your account so you can gear up right away.
Interest Rate
Fixed 16.1% - 42.6%
Predictable monthly payments
End Date
Clear Freedom Date
No endless monthly debt
Early Exit
Zero Fees
Repay early anytime
Fair finance, built around our members
As a member-owned, not-for-profit credit union, our focus is on improving our members’ financial wellbeing and supporting our local communities. We consider loan applications from people across our communities, including those receiving benefits, subject to eligibility and affordability checks.
- Member-owned and not for profit
- Applications considered from across our communities
- Benefit income can be considered
- Money reinvested into local communities
- Eligible deposits protected by the FSCS
- Fair and affordable financial services
Areas we serve
You can join Clockwise if you live or work in one of the following local areas.
- Leicester
- Leicestershire
- Rutland
- Coventry
- Warwickshire
- Nottingham
- Nottinghamshire
Ready to get
Christmas ready?
Join thousands of local members who choose a fairer, stress-free way to borrow this Christmas.
Clockwise Credit Union is authorised by the Prudential Regulation Authority
and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
All loans are subject to status and approval. Terms and conditions apply. If you do not meet the criteria for a specific lending rate, or if you are unwilling to accept any special conditions that apply, then we may offer you an alternative loan at an alternative rate.