All loans
Recipients of State Benefits or Isle of Man State Pension
Family Loan & Saving
For families on State Benefits or pension, repaid straight from the benefit.
Best for: School costs, a boiler service, getting through a tough month.
Why members choose this loan
Open to recipients of IoM State Benefits or the State Pension
Repayments collected from benefit at source, simple and predictable
A small share saving grows alongside every loan
What to expect
Interest is charged each month on the balance remaining, so as you pay the loan down, the interest you pay each month falls too. You can always pay off early at no extra cost.
- 01Apply online with your Member Number, or in person on Peel Road.
- 02We share a pre-contract credit disclosure with your monthly repayment, total cost of credit, and the representative APR.
- 03You confirm, and we pay the funds into your bank account.