Secured Savings Loan

For all Voyager Alliance Credit Union members

Borrow your Voyager Alliance savings balance at our lowest interest rate

Interest rate 3.9% (4% APR)

Protect your savings whilst still taking out money with our Savings Secured Loan at our lowest interest rate.

So, if you’re planning home improvements, upgrading the car or have a special occasion to celebrate, talk to us, and we might be able to help!

Savings Secured Loan at a glance
  • Borrow your Voyager Alliance savings balance
  • Our lowest interest rate of just 3.9% (4% APR)
  • Guaranteed loan that can be issued on the same day*
  • Interest is charged on your outstanding loan amount so will reduce with your decreasing balance
  • Continue to build your savings and earn a dividend whilst you repay your loan
  • No set up charges, early settlement charges or hidden fees
  • You must continue to save a minimum of £5/week into your Membership Account, meaning you will have some savings once your loan is cleared.
  • Free Loan Protection Insurance**
  • Quick & easy online application – apply in minutes

*The loan will be issued on the date stated at the top of your Loan Agreement and is not transferred on the date of your application. Members must first complete their loan agreement, which states all terms and conditions of the loan, and return this to Voyager Alliance Credit Union before any loan will be released.

**As a Member of Voyager Alliance Credit Union your loan is protected in the event of your death, helping protect your family from the financial burden of bereavement. This is offered to all members up to the age of 69. Terms & conditions apply – full details here

Benefits of a Savings Secured Loan
  • No application fees or hidden charges
  • No penalties for early repayments, & you’ll save interest too
  • Affordable loan repayments through payroll deduction, or alternatively by direct debit
  • Convenient weekly or monthly repayment, tailored to suit your budget
  • Free Loan Protection Insurance*

*As a Member of Voyager Alliance Credit Union your loan is protected in the event of your death, helping protect your family from the financial burden of bereavement. This is offered to all members up to the age of 69. Terms & conditions apply – full details here

Things you should know
  • The Savings Secured Loan is only available to members with surplus savings in their Membership Account. Surplus savings refers to the amount of available savings held in your Membership Account and does not include any savings already tied in with other loan products, for standing order transfers or any other such regular payments.
  • You must continue to save a minimum of £5/week into your Membership Account, meaning you will have more savings once your loan is cleared.
  • Savings in your Membership Account will be secured against your loan and cannot be withdrawn until the loan is cleared.
  • Other terms and conditions may apply.

Loan Calculator

Use our loan calculator to see how much you could borrow and how much you would pay back.

Loan FAQs

For help and guidance on applying for a Voyager Alliance loan and everything you need to know to guide you through the application process.

Representative Examples

Weekly repayments

Borrowing £2,000 over 104 weeks will cost £20 a week. Total amount repayable is £2,079.76 which includes interest at 4% APR.

Monthly repayments

Borrowing £5,000 over 36 months will cost £147.40 a month. Total amount repayable is £5,306.31 which includes interest at 4% APR.

< Back to Voyager Alliance Loans