Affordable loans from Harlowsave – 

tailored to meet your needs

  • We make borrowing simple and affordable.
  • We specialise in helping people in financial difficulty by offering money management advice and affordable loans.
  • We can consolidate high-interest debts into one affordable loan repayable over up to 5 years
  • We always assess your ability to pay before agreeing a loan but we do not discriminate against people with poor credit histories.
  • All our loans are specifically tailored to meet your needs with competitive interest rates, fully flexible repayment terms and no hidden fees
  •  All our interest is calculated on the reducing balance of your loan so the quicker you pay it back, the less you pay

Our Loans

Eligibility Interest rate Loan terms
Quick Loan New and existing members 3% per month
(42.6% APR)
Loans of up to £500 repaid over a maximum of 6 months.
Saver Loan New members after saving for 2 months

Existing members
3% per month
(42.6% APR)
Loans of up to £5,000 (up to £10,000 subject to further conditions)
Repayable over up to 5 years
Reward Loan Existing members 2.5% – 1.5% per month
(34.5% – 18% APR)
Loans of up to £5,000 (up to £10,000 subject to further conditions)
Repayable over up to 5 years
Super Easy Loan The loan amount cannot exceed total savings balance 0.5% per month
(6.2% APR)
Loans of up to £10,000
Repayable over up to 5 years
Revolving Credit Members saving by payroll deduction 1% per month
(12.7% APR)
Loans of up to £3,000 drawn down when you need it!
Top Up Members with an existing Saver or Reward loan Same as existing loan Up to a maximum of £5,000, including the amount of existing loan outstanding

For further information on all our loans please see our loan guidance notes.

Also check out our loan comparison tables to get an idea of how we compare with other lenders

Our Terms and Conditions:

1. £5.00 administration fee on all successful loan applications

2. All loan applications subject to affordability assessment and credit checks

3. Best interest rates offered to those who save a minimum savings amount  regularly (£10 per month if unemployed, £20 per month if employed)

4. No early redemption fees if you want to repay your loan earlier

5. Flexible repayment terms from 6 months to a maximum of 5 years

6. Interest rates from 0.5% per month (6.2% APR) to 3% per month (42.6% APR)

7. Savings to the value of the loan outstanding cannot be withdrawn for the duration of the loan repayment period.

8. No savings may be withdrawn from any share account if repayments are in arrears

9. Loans are available to members aged 18 – 69 but no maximum age limit applies to Super Easy Loans.

10. All defaults on loan repayments will be investigated immediately and debt recovery procedures instigated. Defaulting members may be charged an administration fee of £75.00 and all third party recovery costs.

To find out more or to discuss your specific needs contact us on 01279 451234 or admin@harlowsave.coop or via our Loans enquiry form

To apply for a loan now please download our Loan application form and return it to us by email at admin@harlowsave.coop or by post.

To speed up your loan application please make sure you send us the following with your application form:

  • All bank statements for the last three months for you and your partner (if the household expenditure is shared)
  • All utility bills with proof of payment
  • Proof of income for the last three months
  • Credit card statements and evidence of any other loans
  • Proof of home ownership (if applicable)