Latest News

20 Jul 2023

July Newsletter

In our latest newsletter members can read about our recent milestone of 10,000 members, Loan Agency of the Year Award, attending Civil Service Live, and a farewell to long-serving staff members. 

03 Jul 2023

10,000th Member Story

We were thrilled to be able to get in contact with our 10,000th member, a 31-year-old employee of HMRC.

27 Jun 2023

Co-op Fortnight Campaign Article

We recently teamed up with Cooperatives UK and Reach PLC to bring an article to their Business Live page highlighting 1st Class Credit Union for the UK-wide campaign, Co-op Fortnight.

26 Jun 2023

10,000 Members

For the first time in our 31-year history, we have matched our founding members’ ambition by increasing our credit union to over 10,000 members.

05 Jun 2023

New Direct Debit Process

That's why we’re delighted to announce an exciting enhancement to our direct debit process. With this update, we aim to provide you with increased convenience, clarity, and peace of mind when it comes to managing your payments.

25 Apr 2023

1st Class Credit Union Members’ Satisfaction Survey 2023

In early March we conducted a survey to understand a bit more about our members’ needs and now we are sharing the results with you

13 Apr 2023

April Newsletter

27 Jan 2023

Newsletter January

Dear Members, ‘I hope that this newsletter finds you well. It’s hard to believe that we are heading into summer, the time seems to have flown by so...

Debt Consolidation

Helping members manage multiple debts

Helping members manage multiple debts

APR 16.1%

Get your finances back on track with our simple Debt Consolidation Loan. Apply for anything between £1500-£20,000 and we will take care of the rest. Once an agreement has been made, your loan will be paid directly to the creditors. You must then close each account paid by 1st Class Credit Union, failure to do so could result in the refusal of future loans.

When applying for a Debt Consolidation Loan with us, we will require some additional paperwork to support your application such as; settlement figures, credit card statements or statements of the account you wish to pay if the company is unable to provide settlement figures.

Just some of the benefits of borrowing from 1st Class CU

One affordable weekly/monthly repayment

An interest rate of 16.1% APR

Paid directly to the creditor, all that is left is closing the accoun

Family protected by our free Loan Cover (T&Cs Apply)

Join Today

Download Our App

mobile app

Join Online

Try out our quick and easy loan calculator below

Maximum Loan Amount :
Maximum Loan Term :

£

Term

Repayment Frequency
£
APR
16.1%
# Repayments
Total
£
APR
16.1%
# Repayments
Total
£
APR
16.1%
# Repayments
Total
£
APR
16.1%
# Repayments
Total

This calculator is for illustrative purposes only, to give you, the borrower, an overview of the potential cost of borrowing. The Credit Union, or any of its staff, cannot be held responsible for any errors. Please note that this calculator only provides an indicative quote and actual repayments may vary.

What we may need from you

  • Two recent payslips
  • Three month’s worth of bank statements/Open Banking Acceptance
  • Up-to-date Credit Card statements
  • Settlement Figure for any loan accounts
  • Overdraft statements

The documentation must state your full name; the company name and the outstanding balance/settlement figure with a future payment date. We will also require information on the current APR as well as the current repayment amount.

Terms & Conditions

Please read our full Terms & Conditions before applying for a loan application.