Borrowing MoneyHow do I receive my Loan?

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Applying for a Loan

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After your loan has been approved, you will need to sign a Loan Agreement and a payment will then be scheduled.  You can receive the money in a number of ways:

    • By BACS transfer to your bank or building society.
    • By cheque payable to yourself or a third party.  The cheque can be collected from the office or posted to your home address.
    • By an open cash cheque which will be made payable to you.  It must be collected in person and can be cashed at the Co-operative Bank, High Street, Cardiff on production of a passport, driving licence, debit or credit card.
    • By a cheque for up to £500 which can be cashed at a designated Post Office.  Contact us for a list of the Post Offices where this facility is available.

Please indicate your preferred choice on the Loan Application.

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