Handiloans are affordable short-term loans that provide a simple and affordable alternative to high-cost payday lenders.

  • Choose your loan amount between £100 and £400.
  • Select your repayment period between 1 and 3 months.
  • Low interest rates of 42.6% APR so our typical interest on a £400 loan payable over 1 month will be just £12.
  • No early repayment charges.
  • You can choose our same day payment options so your money is transferred into your bank account quickly.
  • Your repayments are automatically taken via Continuous Payment Authority from your debit card so you don't have to do anything.
  • You also become a member of Leeds Credit Union giving you access to a range of ethical savings, affordable loans and other financial services.

How much could you save with a Handiloan?

Credit unions can only charge a maximum interest rate of 42.6% APR, which means we are one of the cheapest places for a short-term loan.

The example below shows how much you could save if you take out a Handiloan instead of a typical instalment loan.

Typical payday loan
Loan amount £400 £400
Number of months 3 3
Interest rate 42.6% 1,509%*
Interest charges £25 £288
Optional same day payment £11 0
could save you £263 in interest charges

Who can apply?

You can only apply for a HandiLoan if you either:
  • Live or Work in Leeds, Wakefield, Harrogate or Craven OR
  • Work for one of the following employers.
  • Are a current resident of Affinity Sutton Group or Circle Housing.

You must also:
  • Be over 18 years old.
  • Have a bank account with a debit card.
  • Not previously been declared bankrupt.
  • Have a regular income of over £12,000 per annum.
  • Agree to a credit check.
  • You have a valid UK debit card.
  • Your current account has a Direct Debit facility