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Family Loans

If you are looking to take out a small loan and are in receipt of Child Benefit then this may just be the loan for you. As per all our other loans you must be a member of First Choice Credit Union in order to apply.

  • Family Loans are available for up to £500
  • Family Loans are payable through your Child Benefit
  • With an interest rate of just 3% (APR 42.58%) Family Loans are affordable
  • Repay only £12.00 per week for 50 weeks
  • Build up savings as you borrow
  • Quick & easy to apply

Your eligible deposits are protected up to a total of £85,000 by the Financial Services Compensation Scheme and UK Deposits Guarantee Scheme.

Authorised by the Financial Conduct Authority and regulated by the Prudential Regulation Authority and the Financial Conduct Authority FRN 213707

© 2025 First Choice Credit Union All rights reserved.

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