CUOK Pay day loans are available from London Mutual Credit Union (LMCU) exclusively for people who live or work in Southwark, Lambeth, Westminster, Camden or Serving member of British Armed Forces.


Eligibility for our CUOK payday loan

  • You live or work in Southwark, Lambeth, Westminster, Camden or Serving member of British Armed Forces and become a member of London Mutual Credit Union
  • You are employed and earn more than £12,000 per annum
  • You have a current account where you pay your salary
  • You have a valid debit card
  • Your current account has a Direct Debit facility
  • Uk resident aged 18 to 74

If you are not working

If you don’t work at present, we also have different loan products available for you. Please get in touch with the credit union for further information during office hours.

Becoming a member of LMCU

Before we consider you for our payday loans, you need to become a member of the credit union.

Anyone who lives or works in Southwark, Lambeth, Westminster or Camden can become a member of London Mutual Credit Union for £7. This covers a one off non refundable membership fee of £2 and a deposit of £5 in a credit union savings account. The amount of £7.00 can be deducted from your first loan to pay for your membership.