Fast decisions

We’ll aim to give you an quick decision or we’ll let you know within 1 working day and put the money into your account the same day!

Your circumstances considered

High approval rate. Clockwise offers fair and affordable credit. We consider all circumstances.

Pay back from Child Benefit

Easy to set up – just transfer your Child Benefit payment to Clockwise.

Loan Repayment Example

You can borrow up to £500 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

There are no application fees or early repayment fees. You will need to also save a minimum of £1 per week in a Clockwise savings account for the length of the loan. Over 12 months you would have £52 in savings.

To be eligible for a Family Loan:

If your child benefit amount exceeds your loan repayment & minimum savings amount, you can use the remainder to continue to save. Alternatively, you can choose to have the money paid back into your own bank account.

Before applying, why not find out if you are eligible for any additional benefits?

Apply for a Family Loan

✅ Specially designed for families
✅ Quick Decisions & Payment
✅ Repayments To Suit You
✅ No Application Fees
✅ No Early Repayment Charges

Loan Quick Facts

Savings Quick Facts

Things you should know

  • 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 60 days.

* 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.

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.




Apply for a Family Loan

✅ All Credit Histories Considered
✅ Quick Decisions
✅ Repayments To Suit You
✅ No Application Fees
✅ No Early Repayment Charges
✅ Bad Credit OK
✅ Benefit Incomes Accepted