Loan - Application Form

If you are a First for Money member and are interested in applying for a loan, simply fill out the below form and one of our team members will be in touch shortly regarding your application.

*To apply for a loan with First for Money you must be a member – join us today.

Upon completion you will need to send us proof of your income and expenditure. Please submit all documents to our South Tyneside Office or the City of Sunderland Office within 14 days of submitting this application. If documents are not received within this time frame your application will be discarded.

Documents required:

1) Last 3 months payslips and/or ALL benefit award letters – including housing benefit &
Council tax reduction.
2) Last 3 months bank / building society and/or post office statements.
3) Current statements for ALL credit cards, catalogues, store cards – including bank, door step, higher purchase, pay day, online & high street loans etc.
4) Details of any CCJ or Bankruptcy (If satisfied evidence must be provided).
5) Partner’s signature is required if their income is to be included and evidence MUST be provided.

If all relevant and required documents are not supplied this will delay your loan application. All applications are kept on file for 14 days after this period it will be withdrawn if the correct documentation is not supplied.

Upon receiving the required documents a loan office will then assess your application. This may take up to 7 working days to be assessed and a decision made. Once completed, your loan will be paid by bank transfer (BACS), cheque or cash.

Personal Details

Employment

Income

Expenditure

Loans

ProvidentRamsdens4 GreenwoodWilson & TupholmeHays CreditMMFBrighthousePerfect HomesBuy As You ViewWongaBank LoanOther

Loan Details

Declaration and Agreement

I confirm all the above details are correct

Data Protection Statement:

In accordance with the principles of the Data Protection Act 1998, I understand that South Tyneside Credit Union Ltd (STCU) will use my personal details for the purpose of managing my accounts with the credit union. My information will be treated as confidential and only disclosed a) at my request b) to STCU’s agents in managing my accounts, c) in the public interest d) to prevent fraud or by order of the courts. I also understand that I am entitled to a copy of the information held about me by applying in writing and that there is a fee for this.

Your Personal Information:

We may use credit reference and fraud prevention agencies to help us make decisions. A short guide to what we do and how both we and credit reference and fraud prevention agencies will use your information are detailed in the section/leaflet called: A condensed guide to the use of your personal information by ourselves and at Credit Reference and Fraud Prevention Agencies. If you would like to read the full details of how your data may be used please visit our website at www.bridgescommunitybank.org.uk or telephone South Shields office on 0191 454 7677 or Sunderland office on 0191 5147491. By confirming your agreement to proceed you are accepting that we may each use your information in this way.

Statement of Insurability:

I declare that to the best of my knowledge and belief, I do not have a life threatening condition. I understand making a false declaration may affect any insurance claim.

I agree that if I default on repayments, information about my loan may be passed on to the Department of Work and Pensions for their consideration of deductions from the benefits that I am or will become entitled to.

Also that information may be passed to a Debt Collection Agency for recovery and once a Default Notice has been served I have 28 days to respond before a default is reported to credit reference agencies which may affect my credit rating and ability to obtain further lending.

Declaration

I declare that the information I have given on this form is, to the best of my knowledge and belief, accurate and full information. I understand that the provision of false information is fraud and that the credit union may take appropriate action if I am found to have deliberately provided false or misleading information.

I authorize South Tyneside Credit Union Ltd to make any credit reference and other enquiries in accordance with their normal procedures in connection with this application. You must agree to this otherwise we may not be able to proceed with your loan