Child Benefit Loan
Our Child Benefit Loan is designed to help families manage everyday costs, back-to-school expenses, or unexpected bills, all while making repayments simple and stress-free.
Key Features
- Borrow from £300 to £1,000
- Easy repayments from your Child Benefit.
- No hidden fees or charges
- Loan terms from 3 to 12 months.
- Online account management
- Save money as you borrow
- FREE Loan Protection up to £10,000
- Plus, HUGE Lifestyle Discounts
To be eligible you must be in receipt of Child Benefit & have Child Benefit payments made directly into your account.
Credit subject to status. Terms and conditions apply. We cannot guarantee approval of your loan application until an assessment has been made. Supporting documentation may be required. Figures are illustrative and based on the loan amount and term shown. Loans are subject to status and affordability checks. APR: 29.9% (fixed). Representative Example: Borrowing £500 over 6 months at a fixed interest rate of 29.9% APR would result in monthly repayments of £96.63, with a total amount repayable of £579.78, and total interest of £79.78.
Who Can Join?
- Anyone currently employed by the Ministry of Defence, British Army, Royal Navy or the Royal Airforce.
- British Military Veterans.
- Family members living in the same household as the above.
