Our Loans

New Loan Applications

You must be a member of Manchester Credit Union to apply for a loan, but the good news is you can now apply for membership and a loan at the same time. Applying has never been easier with a quick and easy online application.

MCU Loan

MCU Loan

Borrow up to £15,000

To be eligible for our MCU Loan you must:

  • Be an MCU member-join and apply online now
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of loan

If its a standard Manchester Credit Union loan you'd like to apply for, use the link below, just make sure you have your National Insurance number to hand and either your passport or driving license if you have them.

NOTE: Your loan application is subject to our credit and affordability checks.

Lifestyle Loan

Lifestyle Loan

Borrow between £1,000 and £5,000

To be eligible for our Lifestyle Loan you must:

  • Be an MCU member-join and apply online now
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union
  • ENGAGE account for disbursement of loan

NOTE: Your loan application is subject to our credit and affordability checks.

Holiday Loan

Holiday Loan

Borrow up to £7,500

To be eligible for our Holiday Loan you must:

  • Be a new borrower and not already have a loan with MCU
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of loan

NOTE: Your loan application is subject to our credit and affordability checks.

Car Loan

Car Loan

Borrow between £3,000 and £10,000

To be eligible for our Car Loan you must:

  • Be a new borrower and not already have a loan with MCU
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of loan

NOTE: Your loan application is subject to our credit and affordability checks.

Family Loan

Family Loan

Borrow up to £500 - online applications only

To be eligible for our Family loan you must:

  • Be in receipt of Child Benefit and agree to have it paid into your Manchester Credit Union Account
  • Be over 18 years old
  • Have a high street bank account or a Manchester Credit Union ENGAGE account for disbursement of loan

What if I’m already a member?

Apply Online

You can apply for a new loan or a top up in our secure Members Area or on our App

Apply in branch

There is no need to make an appointment - just call into a branch and complete an application form.

What evidence do l need to provide?

Loan applications will be considered by a loan officer. In deciding whether or not to provide a loan we will take into account your record of savings with the credit union and any previous loan repayments, as well as your ability to repay.

We may therefore ask you to provide evidence of your financial situation which enables us to make a detailed analysis of your income and expenditure. The quickest and easiest way to do this is to submit your bank statements to us for online review using one of our trusted and regulated partners. Open banking API's are made available by your bank/building society under the new open banking regulations. Open banking is regulated, monitored and built on the principles of GDPR. Only partners who are licensed and authorised by the FCA are permitted to access these API's.

If you would like us to use a partner's income as part of your loan application we would need the same information from them.

Providing the correct information will result in a quicker turnaround of your application.