A safe way to borrow

Has your washing machine packed in?  Has your car failed its MOT?  Or, do you just need some cash to see you through to pay day?  Whatever the reason, Fusion can help with a loan from £50 to £500. Further loans may be up to £2,000.

Our interest rate is just 1% per month (12.68%* APR typical).
Why not compare our rate to other lenders and see how much a Fusion Loan could save you (we suggest websites like BBC2′s Money Saving Expert – Martin Lewis).

Interest is calculated daily on your reducing loan balance.  There are no penalty clauses for paying a loan earlier than your agreement.

All loans also benefit from free life insurance* and, as long as you keep up your repayments, there will be no extra fees or charges.

Loans are available to everyone, over 18, who lives, works or volunteers in Lichfield District area. Pop in to your local collection point and talk to a member of our friendly team.

How Much Can I Borrow?

Fusion operates a lending policy designed to meet the needs of individual members. The amount you could borrow is based on your ability to repay.

The maximum amount that Fusion Credit Union can lend to any member is £50 – £500 above their savings, subsequent loans up to £2,000.

Terms of the loan are determined by a loan committee and are considered on the financial information you provide at the time of your application.

The maximum term of repayment for a loan is normally 24 months (2 years).

*Conditions apply.