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Loans Everyday Saver Loans

Everyday Saver Loans

Loans from £200 to £1000

If you need a smaller loan for example for electrical goods, a new fridge/freezer or even a short break then our Everyday Saver Loan might be for you.

  • Repayments can be made weekly/fortnightly/4 weekly/monthly

  • Loan terms up to 2 years

  • Interest rate 42.6%APR for new borrowers, 26.8%APR for existing members with more then £250 saved in their account

  • Subject to affordability check and credit referencing check

  • All borrowers save whilst repaying the loan, normally equivalent to 10% of your loan payment

  • For a list of income you can include on your application and other lending criteria see here

  • Call us on 01275 390650 to discuss your options

How to apply for a loan

  • On-line here.
  • In person. Visit the Portishead or Information Station offices (see Opening Times) to complete an application form. Please bring acceptable ID, together with your last two wage slips (if you work) and your last month’s bank statement.
  • On paper. We can send you a form in the post or you can collect one form the Information Station office (see Opening Times).

We can’t guarantee loans and all applications are subject to a credit assessment and affordability check.

Apply Now
Loan Calculator
Call us:
  • Tel.
  • 01275 390650
Opening Hours
  • Mon - Fri
  • 9.30am - 4.30pm
Visit us:
  • Thu
  • 9.30am - 12.30pm / 1.30pm - 4.30pm
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Somerset Savings & Loans is authorised by the Prudential Regulation Authority & regulated by the Financial Conduct Authority & the Prudential
Regulation Authority. FCA & PRA FRN: 230768