Great to see you again!
It has been a while since you applied and a lot has changed. We now have a range of loan products to help meet different needs, and there are no limit to the amount of top-ups. Don't miss out on our cheap interest rate loans.
Apply online and submit your bank statements using our secure consents.online portal.
We aim to give you a decision within 2 working days.
Customer Feedback
Overall ease of application
Click the Loan Below You Wish to Apply For
Apply for Family Loan
Apply for Progress Loan
Apply for Saver Loan (formerly called Gold Loans)
Apply for Super-Saver Loan (formerly called Loyalty Loans)
Apply for Homeowner Loan
Apply for Payroll Loan
What Will You Need?
It will only take 5 to 10 minutes to complete your loan application and submit your bank statements. We have teamed up with Consents.Online so that you can quickly and securely transfer us your bank statements - look out for the link at the end of the application.
Additional Documentation:
So that your application isn't delayed, please also have the following documents ready to submit if they apply to you:
- If you receive Universal Credit, please also provide a copy of your Universal Credit breakdown, showing what elements you receive, and any deductions from it.
- If you are self-employed we will also require a copy of your latest self assessment tax return or a letter from your accountant verifying what your income and business related expenses are.
- If you are unable to submit your bank statements through the secure Consents.Online link, please post paper copies to our Sheffield branch, or email them to us in PDF format. If this is your first loan with us (or if you have not had a loan in the last 2 years) we will require your most recent 3 months bank statements and proof of any other income which you have stated which doesn't show on your bank statements. For members who have had a loan from us in the last 2 years, we just require your last full month of bank statements along with proof of any income not shown on your statements.
What Happens Next?
Once we have received your completed application including bank statements and additional documentation, we will text to you let you know when we expect to have a decision for you.
We will begin to process your application. We will conduct a basic credit check, and also check your finances to make sure that a loan would be affordable at this time.
When we have made a decision on your application, we will contact you to let you know.
Responsible Lending
At Sheffield Credit Union we are committed to responsible lending. This means we will only approve a loan once we are as sure as we can be that the repayments will be affordable for you, and that taking the loan will not put you in a worse financial position.
Part of our commitment to responsible lending is verifying your income and expenditure, so we may occasionally ask for additional information if we can't find all the information we need from your credit check and bank statements.
All loans are provided subject to status and affordability checks. Please be aware that you may pay more interest and by subject to additional charges if your loan repayments are not received on time. Repayments are reported to Credit Reference Agencies including Experian, which could affect your credit record if you do not keep up to date with your repayments.
Require Further Assistance?
If you need any help filling out the form or have any questions, our friendly and helpful staff will be on hand to assist you - just contact us on 01142760787 or pop in to our branch and we will talk with you about your needs.
Other Ways to Apply for a Loan:
If you would rather apply using one of our paper application forms you can download one from the forms page, or ring our helpline to request one.