Christmas Loans
Celebrate a Stress-Free Christmas with Boom Community Bank!
Christmas is all about joy, celebration, and creating cherished memories with loved ones. At Boom, we know that the festive season can sometimes bring financial strain. While it might feel early to think about a loan for Christmas, applying now allows you to enjoy the season to the fullest! With our affordable loans of up to £500, you can easily manage your Christmas expenses—be it gifts, celebrations, or even a cosy home upgrade.
All Loans are subject to our Lending Policy and Terms & Conditions.
Check the cost
Loan calculator
Maximum Loan Term :
Christmas Loan representative 42.48% APR. The rates displayed on this page are for illustrative purposes. Our offer depends on the applicant's financial circumstances and loan amount and may differ from the Representative APR. Loans are subject to status, affordability checks and terms and conditions.
Representative example
Honest pricing
Loan amount
£500
Monthly savings contribution
£10
Loan term
12 months
Total interest
£102.09
Monthly payment
£50.22
Amount repayable
£602.09
About Borrowing
Good to know
We will assess your circumstances and ensure that loan repayments are affordable.
We will consider all options and make our best offer based on your circumstances.
Our easy application process keeps you up to date at all times.
We're not-for-profit. We reinvest any surplus or pay it to our members as dividends.
We're authorised and regulated by the Bank of England, and deposits are FSCS-protected.
Save as you repay your loan, and build your nest egg for the future.
Consolidate your existing borrowings for one manageable monthly payment.
Borrow for any purpose, from essentials to treats.
How it works
Loan application process
Step
1
Work out how much you want to borrow
Use the loan calculator to see what the repayments are likely to be.
Step
2
Apply for your loan
Our online application is quick and easy to complete.
Step
3
Our loan offer
Our loan offer is subject to affordability and credit checks.
Step
4
The Credit Agreement
Sign the agreement online and upload you ID and other documents we ask for.
What to expect
When you apply
- We will check your eligibility to apply for a Boom Community Bank loan.
- We will review your application, run a credit check, and assess the affordability of the loan repayments.
- You will be kept fully informed via text messages and emails.
- We will ask you to supply specific documents, including a valid photo ID, to pay out an approved loan.
