The Cash Box Credit Union Family Loan lets you borrow for family expenses and use your child benefit to cover the repayments. Our Family Loan is here to help the people of Tameside and Glossop in an ethical and community based way. Working closely with our community, we pride ourselves on bringing fair and ethical finance to our members.
Below are the simple requirements to apply for our credit union Family Loan.
If you meet the above criteria, then our application process is very simple!Apply Now
When applying for our family loan you become a member of our credit union family you will need to provide proof that your child benefit is paid to you.
The repayments can be arranged to suit you.
You can decide how much of your child benefit is placed into your savings account.
What other benefits does the Cash Box Credit Union have?
Cashbox offers a range of loans designed to suit you. We offer our loans up to the value of £15,000 and you can borrow as little as £50. We offer different types of loans so you always get the best value from your credit union.
If you need more information on our credit union family loan, please contact our friendly staff on 0161 342 3266 or by emailing firstname.lastname@example.org.
Credit Unions are financial community co-operatives that promote savings as well as loans.
Members of the credit union pool their savings to provide the funds from which loans are made. The interest on loans pays for the running of the credit union and if there is a surplus, members get a share of the profit known as a dividend.
We expect all of our members to save as much as they can afford, even if they are repaying a loan. As a minimum, we would expect you to save at least £2 per week/£10 per month and keep this in your savings account while you have a loan outstanding with us. Once your savings balance is higher than your loan balance, you may if you wish withdraw the difference.
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