Whether you need a loan for an unexpected expense, a holiday, to cover Christmas costs, or to help fund a new household item, Derbyshire Community Bank is here to help. We offer fair, affordable loans designed around your needs.
Loan amounts: £3000 – £7,500 depending on your needs
Rates (APR): 24%
Repayment period: 12 – 60 months, depending on the loan amount
Repayment frequency: Weekly or monthly
Repayment method: standing order
Mandatory Holding Saver: £3 per week or £12 per month
At Derbyshire Community Bank, our Personal Loan is structured around your needs, offering fair, transparent borrowing and support from a trusted local community bank.
You can apply for a Personal Loan by either logging in to your account or joining here. One of the Derbyshire Community Bank team will contact you as soon as possible to confirm whether your application has been successful.
Our criteria for a Personal Loan are straightforward. To qualify, you must:
Be over 18 years old
Provide proof of income or benefits (if applicable)
Have a bank account for repayment of the loan
Not be bankrupt, under an IVA, or DRO
Save as you borrow: Contribute £3/week or £12/month into your credit union savings while repaying your loan – a simple way to build savings.
Access your savings anytime: Any additional savings can be withdrawn weekly or monthly, or split between savings and withdrawal.
Online banking: Easily transfer money from your savings account to your bank account using our secure online banking platform.
