Limited Edition Loan

The Limited Edition Loan is back!  If you missed out last time, now’s your chance. You’ve got until 30th November 2021 to apply.

Anyone eligible for Credit Union membership can apply and both new and existing members are welcome.

If you’re not a member yet, you can apply to join the Credit Union at the same time as applying for a Limited Edition Loan, via the loan application form.

No1 CopperPot membership is available to any retired or current employee of the UK Police Force and the immediate family members who reside at the same address as a Police member. Membership is free and simply requires you to save between £5 – £1,000 per month into a Member Account. Your savings remain yours, for you to withdraw at any time.


Key features of the Limited Edition Loan

  • Guaranteed rate of 4.9% APR for all members as the rate is not based on your credit score
  • Apply to borrow between £5,000 and £14,999 over a maximum term of 90 months
  • Loan calculator allows you to see how much your repayments would be and if it’s affordable for you
  • Repayments can be made direct from payroll (in 28 forces)
  • Life Protection included, at no added cost*

*Terms and conditions apply


If you currently have a Limited Edition Loan and require more funds, you’re welcome to apply for an additional one. If approved, this would run alongside your current Limited Edition Loan. Top-ups are not available for this loan product.

How much will my repayments be?

£
months
per month
£ - - -
- - - %
£ - - - per month
- - - months
£ - - -
£ - - -

This product is not available for debt consolidation purposes, if you would like to borrow for this purpose, please see our Consolidation Loan.


Key Product Information 

All applicants must be aged 18 or over and a UK resident.

Interest charging information Interest rate fixed at 4.9% APR for the life of the loan. Interest accrues daily and is charged on a monthly basis.
Repayment information You can repay your loan by payroll deduction or Direct Debit. To see if we offer payroll deduction in your force click here.
Repayment period The maximum loan term is 90 months and must be repaid by your 70th birthday.
Amount of loan available  You can borrow between £5,000 and £14,999 on this product, but up to £35,000 maximum across all unsecured lending with us.
Application/ Arrangement Fee No application or arrangement fees apply.
Others Fees None.
Default Fees None.
Early settlement You can repay the loan at any time fully or partially without charge.

All loans are subject to affordability and our lending criteria.
Loan terms and conditions can be found here and should be read prior to application. 


You’re covered with Life Protection

Life Protection is included with all our loans and covers you up to the age of 70. This does not cost you anything, it is simply another benefit of borrowing from the Credit Union and has been created purely to help our members.

Loans are protected up to a maximum of £40,000 per member. This means your loan would be cleared, ensuring your debt does not remain outstanding, subject to our terms and conditions.

All benefits are paid at the discretion of our Board of Directors. Life Protection is not an insurance policy and is not guaranteed. For more information please click here.


Additional Borrowing

You cannot top up existing borrowing using this product. However, you can apply for this product to run alongside your existing borrowing, as long as your total unsecured borrowing doesn't exceed £35,000 with the Credit Union. If you have an existing loan with us and want to borrow extra, there are two options available. Click here to see more information.


Need help?

If you are experiencing financial difficulty, or are struggling to repay your loan with us, please contact us as soon as possible and a member of our team will be able to assist you.