Get your finances back on track with our simple Debt Consolidation Loan.  Apply for anything between £1500-£20,000 and we will take care of the rest. Once an agreement has been made, your loan will be paid directly to the creditors. You must then close each account paid by 1st Class Credit Union, failure to do so could result in the refusal of future loans.


When applying for a Debt Consolidation Loan with us, we will require some additional paperwork to support your application such as; settlement figures, credit card statements or statements of the account you wish to pay if the company is unable to provide settlement figures.


The documentation must state your full name; the company name and the outstanding balance/settlement figure with a future payment date. We will also require information on the current APR as well as the current repayment amount.

  • One affordable weekly/monthly repayment
  • Easy to set up
  • An interest rate of 9.9% APR
  • Paid directly to the creditor, all that is left is closing the account
  • Family protected by our free Loan Cover

What we may need from you;


Two recent payslips


Three month’s worth of bank statements/Open Banking Acceptance


Up-to-date Credit Card statements


Settlement Figure for any loan accounts


Overdraft statements

How much will my loan cost?

Use our loan calculator to estimate how much you will have to repay. Either use the sliders, or input text to enter the loan amount; the repayment period – and whether you want to pay monthly or weekly. Also, remember to set the amount you wish to save – a minimum of £3 per week or £15 per month.

Please note: The figures given are for illustrative purposes only and may not be the APR you receive. The actual interest rates and repayment amounts may vary subject to loan amount and status.

Also, remember that the monthly figure shown is ONLY the loan repayment. Remember to add the amount you are saving each month/week to get your total deduction.

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Protected up to £85,000