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Tel: 020 7561 1786 (Multilingual advisors available)  •  Fax: 020 7272 8192  •  Email: info@credit-union.coop

Fri 18-Aug-2017
NewsMaximum loans increased to £20,000
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21 June 2015
Maximum loans increased to £20,000

Following a discussion with our members, London Capital Credit Union has agreed to increase its lending limits.

Our maximum first loan limit has increased to £5,000, the second loan to £10,000 and third or subsequent loans to £20,000. All of these figures are the value above the level of a member’s savings, so the more a member saves, the greater the borrowing limits.

This does not mean we are encouraging people to borrow more – quite the opposite. At London Capital Credit Union, we maintain that you should only borrow the minimum you need, and not the maximum available. The larger limits will mean that members can consolidate more high interest debts, but also help to avoid expensive bank loans for large value items like buying a car, a new kitchen or garden makeover.


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  • London Capital Credit Union
  • Tel: 020 7561 1786 (Multilingual advisors available)  • 
  • Fax: 020 7272 8192  • 
  • Email: info@credit-union.coop
  • Web: http://www.credit-union.coop
Authorised by the Prudential Regulation Authority & regulated by the Financial Conduct Authority & the Prudential Regulation Authority. Firm Ref. No. 214094