Borrow. Save. Relax
Spread the cost of nurturing your child with an affordable Child Benefit Loan that could save hundreds of pounds in interest.
About the Child Benefit Savings and Loan Plan
You can apply for a £500 loan straightaway once Child Benefit payments are made into your credit union account.
Borrow £500 and repay it over up to 50 weeks. Repay £12 per week and save the rest.
Savings after your loan is paid (based on £500 loan over 50 weeks)
1 Child – £20.70 per week = £435.00
2 Children -£34.40 per week = £1120.00
3 Children – £48.10 per week = £1805.00
At a 42.6 % APR compared to a doorstep lender at 399.7 % APR.
How to apply
Find out more on how you can apply for the Child Benefit loan plan.
Who we are
M for Money is an established credit union that recently started operating in Oxfordshire.
Why choose us?
We offer great savings, affordable loans, trustworthy service, fair and ethical.
“Recommended by a friend a few years back and been using ever since. Very reliable company and brilliant at responding quickly.”