Latest News

31 Jan 2024

Platinum Award

We’re so excited to share this news with you – we've won a Feefo Platinum Trusted Service Award for our customer service in 2024!  

26 Jan 2024

January 2024 Newsletter

Click our link to read about our debt consolidation loans, up-and-coming AGM, and much more.

25 Jan 2024

1st Class and Local MSP

Thank you to MSP Claire Haughey for meeting our staff team in our new Rutherglen base office.

23 Oct 2023

October 2023 Newsletter

Read our latest newsletter to find out more about our recent office move, our 1st Class Discount Club, Christmas Loans, and more.

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.

Debt Consolidation Loan

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 £2000-£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

Save money on interest with our loan

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

  • Most 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

Please note we do not accept screenshots. All proof of debt must show the following:

  • Your name
  • Name of the company
  • Outstanding balance and the repayment date must be in the future
  • The current APR as well as the current repayment amount.

Failure to provide this will result in your application being delayed

Terms & Conditions

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