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Loans

Borrow from £1,000 to £25,000 and repay from your salary at rates from as low as 4.5% APR.

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Savings

Get into the savings habit with regular savings deducted directly from your armed forces salary.

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About us

Forces Finance is delivered in partnership between London Mutual Credit Union and the MOD.

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How it Works

Decide how much you’d like to save each month or borrow, and we’ll arrange the with your employer.

Join Forces Finance

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Representative Example

Monthly repayment:
  • Borrowing:
  • Over:  Months
  • Representative:  APR
  • Total cost of this loan:
  • Total repayable:

All loans are subject to affordability checks and our Terms & Conditions. Loans are offered subject to status to members aged 18 or over. The rates displayed on this page are for illustrative purposes only, and the actual amount and interest payable will be indicated in the Loan Agreement provided when we offer you a loan.

Apply for this loan

You Will Need:
To complete your application, you will need to upload the following documents. To avoid delays, we recommend uploading them at the same time as you apply. But if you don’t have them handy right now, you can submit your application and do it later.

 Your most recent Payslip

 Two months of recent bank statement showing your salary

✔ A copy or screengrab of your Engagement Expiry Date from JPA self-service