Fast decisions
Your circumstances considered
Flexible repayments
We know the cost of Christmas can mount up. Presents, a new tree, plus food, it all adds up! If you pay for these using high cost loans or credit cards, there is an affordable alternative… a Christmas Clockwise loan!
Interest Rate
The interest rate depends on the amount you borrow from Clockwise
From £50 to £3,000 at 42.6% APR*
There are no application fees or early repayment fees.
Need to borrow more? See our full range of loans.
Apply for a Christmas Loan
- Borrow from £50 up to £3000
- Fast decisions
- Lower interest rates
- Flexible repayment options
- No penalties for early repayment
- All applicants considered
- You must be up to date on any current or previous borrowing with Clockwise Credit Union.
- You must have the disposable income to meet the loan repayment.
- Maximum loan term is 60 months.
- Minimum loan term is 1 month.
* 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.
Member Reviews
Why would I use a Credit Union over a Bank, or a Payday lender?
Credit unions can consider all loan applications from people in our communities, regardless of background, including those who are in receipt of benefits. A credit Union is also a not-for-profit organisation, our focus is improving the financial wellbeing of our members and helping the local community.
BANK
- Run as a business
- Often large multi-national
- Prefer ‘low-risk’ borrowers
- Low-interest rates
- International
- Safe
- FCA Regulated
PAYDAY LENDERS
- Run as a business for maximum profit
- Often large national businesses
- APR could be over 300%
- Used for short term lending
- Big
- FCA Regulated
CREDIT UNIONS
- Not for Profit organisation
- Money is reinvested into the local community
- Interest legally limited to no more than 3% each month – that’s 42.6% APR
- Poor credit considered
- No hidden costs
- Local
- Small & Personal
- Safe
- FCA Regulated
