Digital Loans: Making Borrowing Easy - Capital Credit Union
Capital Credit Union

Digital Loans: Making Borrowing Easy

Digital Loans: Making Borrowing Easy

Making Borrowing Easier

At Capital Credit Union, we know that for many people the process of taking out a loan can be daunting. This could be from past experiences where the process may have felt overwhelming and time-consuming.

However, we are committed to making borrowing easier for you, thanks to our fully digital loan process. This allows you to complete everything online, from application to drawdown.

We don’t hide behind unnecessary financial jargon the way many other lenders might. We want to make our process and terms easy for our members to understand, especially since they provide great value!

Applying For A Loan

Applying for a digital loan is a straightforward process that begins with our Loan Calculator.

The Loan Calculator can be found on our website. Our Loan Calculator allows you to check different loan types, amounts and terms. We also show you examples of what the repayments and cost of credit looks like, so you know exactly what to expect!

There is also an option for members to complete a full application online, making the process faster and easier. We will ask for basic information like your employment, income, dependents, current costs etc. You can also agree to a CCR/ICB check, speeding up your application process.

Once we receive an application, our dedicated Loans Team will review your application as soon as possible. If they need more information, they will contact you to make sure your application progresses quickly. We know that with Covid-19, we have all missed out on a lot of experiences the past year, so that is why our loan process works quickly, allowing you to follow achieve your dreams without delay!

Online Drawdown

If your loan is approved and you are ready to drawdown, you can do this online in less than two minutes! One of our Loan Officers will be happy to talk you through this process.  The only time a member cannot draw down a loan online is if there is a guarantor on the loan.

After such a difficult few months, at Capital Credit Union we’re here to help you get back to normal. Whatever that entails, whether it’s that bucket list holiday, your dream car or upgrading your home appliances, there’s a digital loan for you.