Need to borrow extra? Top up your existing DCU loan
If you already have a loan with us you may apply to borrow extra up to to a maximum of £15,000 in total.
We prefer you to wait a minimum of three months between applications but we understand that circumstances may mean an earlier top-up is needed.
| Eligibility | You must be 18 years of age or older and live or work in the DL, DH, HG, NE, SR, TS or YO postcode area |
| Amount | Borrow up to £15,000 |
| Term | From 6 months to 5 years |
| Interest | Loans under £2000 – 42.58% APR Loans from £2000 - £4999 – 26.82% APR Loans from £5000 – 16.08% APR |
| Same day payment | Sign your loan agreement before 3 pm and have access to the funds the same day |
| Repayments | Loans can be repaid weekly, fortnightly, or monthly depending on which one suits you best |
| Save as you Borrow | We believe in saving as you borrow so as part of your agreement, repayments will be split between your loan and savings. This means that after you have repaid your loan, you will have built-up savings to use as you wish |
| Early repayments | There are no fees for early repayments |
| Documentation for your application |
To help protect our members from document fraud, we now use secure Open Banking access as the primary way to review the last three months of bank transactions for loan applications. This access is temporary and read-only. We do not have permanent access to your account and cannot make payments or changes. If your bank or building society does not support Open Banking, please contact us and we will advise on alternative documentation. |
Taking out a loan is a big decision. If there is anything that you would like to speak to us about with regards to our loans, get in touch. We will always be happy to talk to you.
