Credit Union Green Finance loans

 

Access green finance through a credit union

Here’s what you need to know:

  • You can apply to your local Greater Manchester credit union for the green finance loan if they are offering it, find this out below
  • Repay the credit union via weekly or monthly  payments
  • As a credit union member you can choose to save money whilst you repay (e.g. pay £70/month with £3 put into easily accessible savings)
  • Explore all perks of credit union membership including five-star service, friendly guidance and a voice in how the credit union is run (to name a few).

 

So, by accessing a green finance loan through a credit union, you can spend less and build your financial resilience. What’s not to love?

Find your local Greater Manchester credit union and get applying!

 

Credit Union Matcher

Use this easy tool to match with a credit union in Greater Manchester that currently offers Green finance loans. Search for your employer or your postcode to find your SoundPound credit union.

Helpful Information before you apply:

  • Eligibility criteria:

    • You must qualify for membership for a participating credit union – You must live or work in an area covered by a credit union. Typically, this includes Greater Manchester, but some areas like Warrington or Glossop are also covered. Use the Postcode Matching tool above to check your eligibility.
    • You must be 18 or older to apply for a loan.
    • You are more likely to be accepted if you: Have a regular source of income with surplus funds after covering monthly loan repayments, stay current on existing credit commitments & manage a reasonable level of debt.

  • Likely reasons for loan denial:

    • If you’ve had defaults or a County Court Judgement (CCJ) in the last year, your application may be denied.
    • If you are undergoing bankruptcy, an Individual Voluntary Arrangement (IVA), or a Debt Relief Order (DRO) we may not be able to offer you a loan.

  • Financial advice:

    • If you’re currently not up to date with household bills or under any debt management plan, it’s unlikely we can provide a loan. But you can seek free debt advice from organisations like StepChange, Debt Advice Foundation or your local Citizens Advice.
    • For free and impartial money advice, reach out to MoneyHelper.