Christmas Loans
Click HereAbout our
Christmas Loans
At Wave Community Bank, we want to help you spread the cost of Christmas. If you usually pay for Christmas using a credit card or your overdraft, you might be better off planning your spending with a loan from us and having a schedule of affordable repayments each month. Plus with a loan from us, you will be starting to save for the following Christmas with your savings element to your repayments.
About our
Christmas Loans
Christmas is also a popular time of year to purchase home furniture such as new sofas, sofabeds and TV when the family are at home and you can spread the cost with a Home Improvement Loan for Christmas.
Save money when you borrow with Wave Community Bank
Terms & Conditions
Maximum Loan Term: 84 months
We will need proof of your income including any wages, self-employment income and benefits. Each loan application is assessed on an individual basis and takes into consideration a variety of factors including the affordability of the loan, previous savings and borrowing patterns with Wave Community Bank, credit history and so on.
PLEASE NOTE: Your credit score will be adversely affected if you are late or fail to keep up with payments on a loan.
Representative Example
Borrowing £1000 over 12 months will cost £85/month. Total amount repayable is £1027 with includes interest at 5% APR. The figures given above are for illustrative purposes only and may not be the APR you receive. The actual interest rates and repayment amounts may vary subject to loan amount and status.
Loan Repayments
You will be asked to make repayments by direct debit or through a payroll scheme. Repayments can be made in line with how you receive your income – weekly or monthly.
If you miss a repayment Wave Community Bank reserves the right to deduct the repayment from your savings.
If your circumstances change and you have problems meeting your repayments, please contact our Loan Support Team. Failure to meet repayments could have a serious effect on your credit report.
All loans provided by Wave Community Bank are subject to status and our lending policy. Applicants must be aged over 18.
Wave Community Bank reserves the right to decline any application or offer a loan that differs from those advertised.
Opening Hours
Our phones are open Monday to Friday between 9.30am-1.00pm and we continue to monitor our emails between 9.30am to 4.00pm.
Contact Us
Phone: 0300 303 3188
Email: info@wavecb.org.uk
Face-to-face appointments at Hove Town Hall by arrangement only.
Addresses:
East Sussex, Brighton & Hove:
Tisbury Road Offices, Hove Town Hall, Tisbury Road, Hove, BN3 3BQ
Kent, Medway and Bexley:
39-48 Marsham Street, Maidstone, Kent, ME14 1HH
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Wave Community Bank serves members in East Sussex, Brighton & Hove, Kent, Medway and the London Borough of Bexley, plus members of Unite in the South East Region. Withdrawals over £5000 will take 5 working days to process
Wave Community Bank is a trading name of East Sussex Credit Union Ltd.Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. FCA Firm no 213910
