Spring Loan Offer

For Armed Forces and MOD Employees.

Borrow £3,000 to £10,000 with a fixed rate of 9.9% APR*

Borrow For Almost Any Purpose...

Whether it’s for spring household expenses, vehicle maintenance, or even to consolidate your existing debts, our Spring Loan could help you manage your finances with simple monthly repayments. All repayments are taken directly from your salary for ease and peace of mind.


Borrow from £3,000 to £10,000 before the 30th of April and get an exclusive fixed rate of 9.9% APR*



Plus,  you’ll be entered into our £250 Spring Prize Draw!

*Terms and Conditions apply. Credit subject to status. Apply between 1st of March and 30th of April 2026 to access this rate.

Become A Member

or sign in to apply

Why Borrow From Us?

  • Borrow from £3,000 to £10,000
  • Get a special rate of 9.9% APR* when you apply before the end of April
  • Get FREE entry into our Prize Draw if you successfully take out a loan
  • No hidden fees or charges when you apply directly
  • Repayments taken automatically from your pay
  • FREE Loan Protection  up to £10,000
  • Access to 100's of exclusive Lifestyle Discounts
Become A Member

or sign in to apply

Special Fixed Rate

In March & April

Repayments From

Your Salary

Free Loan Protection

Up to £10,000

Anyone who successfully takes out a Spring Loan from the 1st of March to the 30th of April will automatically be entered into a prize draw to win one of 3 prizes!

🥇 £100 supermarket e-gift card
🥈 £75 supermarket e-gift card
🥉 £75 supermarket e-gift card


Winners can choose their e-gift card from:  Asda • Sainsbury's • Tesco • Morrisons

Terms and conditions apply.

Loans

Repaying From Your Pay

When we approve a loan, we'll work with you to set a repayment amount and a monthly savings goal. We'll then arrange for your payroll department to deduct this agreed amount from your after-tax salary. Rest assured, your employer won't know whether the deduction is for a loan repayment or savings!

Become A Member

or sign in to apply

FAQs

Here are some of the most common questions about our personal loans. If you need help or more information, you can call our team on 0208 066 3400 or you can use our contact form.

  • Who can apply for a spring loan?

    The Spring Loan offer is available to serving Armed Forces personnel and MOD employees.


    You must also be a member of First Defence Finance or Plane Saver Credit Union to apply.


    Veterans and MOD/Armed Forces family members can also apply for a personal loan however, rates may vary.

  • How much can I borrow?

    Loan amounts vary depending on your circumstances and affordability. Our aim is to provide fair and manageable loans tailored to your needs.


    For the Spring Loan offer, you can request to borrow from £3,000 all the way up to £10,000.


    If you need to borrow less than £3,000 or more than £10,000, you can still request a loan but different rates may apply.

  • How do I apply for a spring loan?

    Members can apply online or via the mobile app quickly and securely. 


    Just apply for a "Personal loan" via our app or on our website and, if approved, the offer will be applied automatically. 


    Our loan application process is simple, transparent, and designed with the Armed Forces community in mind.


    If you are not a member yet, you will need to Become a Member first.

    Become a Member
  • Can I repay my loan via payroll deduction?

    Yes! If you are currently a serving member of the Armed Forces, employed by the MOD, or, if your employer is a partner, repayments can be taken directly from your wages, making it easier to manage your loan alongside your regular savings.

  • How long does it take to get a decision?

    Once we receive your application, we aim to respond within one working day. We may request additional information, and we encourage you to provide it promptly so we can complete our assessment fairly and efficiently. This helps ensure you receive your funds as quickly as possible.

  • Can I pay off my loan early?

    Yes! Early repayment is allowed, which may reduce the total interest you pay. Terms will be outlined clearly in your loan agreement.

IMPORTANT INFORMATION

First Defence Finance is a trading name of Plane Saver Credit Union Ltd. This promotional campaign runs from 1st March to 30th April 2026 and may be withdrawn or amended at any time. Terms and Conditions Apply. Credit is subject to status, over 18s only. If you have applied for a loan with us in the last 90 days, please get in touch with us before applying again.​ Loan Protection is provided to all members free of charge - see terms and conditions HERE.


Eligibility

Applicants must:

  • Be aged 18 or over
  • Be a member of Plane Saver Credit Union Ltd
  • Work for the UK Ministry of Defence (MOD) - including the Armed Forces
  • Have an active payroll deduction in place (or agree to set one up)
  • Meet lending, affordability and credit assessment criteria

Loans are not guaranteed, and are subject to affordability, identity, credit and eligibility checks.

​

Representative Example

Borrowing £5,000 over 36 months at a fixed rate of 9.9% APR would result in:

  • Monthly repayment: £161.13
  • Total amount repayable: £5,800.68
  • Total interest payable: £800.68

This example is for illustrative purposes only. Your actual loan amount, monthly repayment and total repayable will depend on your individual circumstances and will be confirmed in your Loan Agreement. ​If you have an existing Plane Saver loan, the promotional rate will be combined with your current rate, which will be confirmed by our lending team and in your loan agreement. Members must read the loan agreement in full before signing.


Responsible Borrowing

We encourage all members to borrow within their means. Consider your full financial situation before applying. All loans are subject to status, affordability assessment and credit checks. Supporting documentation may be required. We encourage all members to carefully read their Loan Agreement before signing. Loan Agreement terms always take precedence over promotional information.

​

Prize Draw

Successful applicants will be automatically entered into the Spring Prize Draw unless they choose to opt out by contacting info@firstdefencefinance.co.uk. Three winners will be selected at random using an online random number generator after the campaign closes. Winners will be contacted by telephone and/or email. You can download a copy of the prize draw terms HERE.