Key worker loans now launched

At Hertsavers, we believe in building a community and appreciate all the effort, dedication and hard work that has been carried out by our key workers.

To express our gratitude, we have introduced a new loan, the Key Worker Loan, for all key workers including NHS, Council, Emergency and School staff.

The Key Worker Loans of £1,000 is repayable over up to 60 months at just 0.5% per month interest (6.3% APR). Loans are subject to affordability and credit checks.

New members joining and saving through payroll deduction can get up to £2,000 unless they are a homeowner in which case, they can borrow £3,000.

New key worker members joining and saving through a standing order, will be restricted to loans of £1,000.

Key Worker Loans may be added to existing loans providing affordability checks are satisfied. Any combined loan will attract the new loan rate of 0.5% (6.3% APR).

To apply, complete the form.

Herts Urgent Care take advantage of payroll deduction scheme

The fight against COVID-19 has seen one semi-retired GP, Dr Richard Norris, a Herts Urgent Care (HUC) out of hours GP from Bedford, return full time to the frontline.

We are proud to announce that HUC is now one of the employers whose staff can save with Hertsavers Credit Union through a deduction from their payroll.

New members employed at HUC can apply for an Introductory Loan of up to £2,000 repayable over up to 60 months.

Apply for a loan today.

 

Child Benefit Loan top up scheme – a huge success

Since its launch in April 2020, we are pleased to announce that our Child Benefit Loan top-up scheme has been a huge success, in particular with parents in Stevenage, who are taking full advantage of this great innovation.

Just three months after you take your Child Benefit Loan, you can top up your loan by a further £250 and after another three months a further £250 top up.

Our regular top-up is just another reason to refer your friends and earn the £50 referral bonus. You can find out more about the referral scheme here.

To apply for a loan top-up, email us on admin@cus.coop.