An affordable Christmas Loan from Eastern Savings & Loans
Spread the cost of Christmas with a low cost Christmas Loan from us. You can apply for a Christmas loan online, the same day as you join & if approved, your loan will be available for withdrawal as soon as we can confirm your repayments. All loans are subject to an affordability & a credit check. If you are looking for a loan for Christmas shopping, we are by far the most competitive on the market, and you can save for 2020 & repay your loan in one easy repayment.
- Paid direct into your bank account
- Decision in 3-4 working days
- Save for 2020 as you repay
£750 compared to other lenders
| Lender | Pay Weekly | Weeks | Total Payable | APR | Life Insurance? | Save as you borrow? |
| ESLCU | £17.23 | 52 | £895.70 | 42.6% | Yes | Yes |
| Provident | £27.00 | 52 | £1,404.00 | 299.3% | No | No |
| Brighthouse | £15.28 | 78 | £1,191.84 | 99.90% | No | No |
How to get a Christmas Loan
Join the Credit Union & apply for a Christmas loan online. If approved, sign the loan agreement and set up repayments to your Credit Union account. Your first repayment will stay in your Credit Union account available for you to withdraw. Your Loan will be transferred to your bank account same working day we receive both the agreement and confirmation of repayments. After we take your loan repayment you can save for 2020 with our Christmas savings account.
It is easy to apply
You can join us online and apply for the loan the same day, all on our website. If you would prefer to do it on paper, you can call us to request a Membership application form and a Loan application form to be sent in the post. Complete all the details then return these to us.
You may you need to provide proof of your income
- Payslips/proof of benefits for last three months
- Bank statements for the last three months
- Information on all existing loans, credit cards and other debts.
We may ask you to give us read-only access to your bank statements through our trusted partner Consents.Online, this allows our loan officer to see the past ninety days of your bank statement over a secure connection. Alternatively, you can provide print outs of your bank statements, but this will take a few days longer to process while we wait to receive these.
Note: Loan repayments are due during the whole term of the loan. Failure to make scheduled loan repayments will lead to arrears action and may affect your credit history.
FAQs
Our other Loan products
Find the right loan for your needs
