Having trouble paying your loan:


As a community co-operative WASCU is committed to offering products and services that help members manage their money and build up a history of good money management.


When you take a loan with us you become a WASCU member. Being a WASCU member means you are part of a community that encourages good money management, active saving and responsible borrowing.


We know that from time to time people may struggle with money because of the demands of everyday life. Loss of your job, unexpected expenses or other circumstances can sometimes overwhelm you and cause worry and stress about how you can keep up with payments. Sometimes we know that it is a short term problem and you just need a little time to get back on your feet.

Talk to us

Credit unions value their members and are here to help so we dislike taking any kind of action with regard to people who cannot pay their loan. The money you have borrowed comes from the savings pot of other members. We therefore have a responsibility to help you to pay us back. If necessary we will use debt recovery or court action.


If you do not repay your loan, your credit rating may be affected and you will find it harder to get credit. Not only does it add more costs to your debt but can affect you for years into the future when you apply for credit, mobile phone contracts, car finance, opening some bank accounts or even passing pre-tenancy checks when you want to move house.


So, if you are in difficulties with your loan, please pick up the phone and speak to us.  We will work with you to help find a solution.  Call us on 01793 522216 or write to us at office@wascu.co.uk.