Topping up your loan
Topping Up Your Loan
At Knowsley Mutual Credit Union, you can only hold one loan at a time – but you can apply to top it up.
A top-up means borrowing more while refinancing your existing loan. Example: If you currently owe £130 and apply for £500, you’ll receive £370. Your new total loan balance will be £500.
| Regular Homemaker Top-Up Periods You can apply for a top-up once your loan balance falls below a certain amount, based on your repayment level: |
||
| Your weekly payment | Your monthly / four-weekly payment | You can top-up when you owe less than |
| £20 to £29 | £80 to £119 | £130 |
| £30 to £39 | £120 to £159 | £150 |
| £40 to £49 £50 to £59 |
£160 to £199 £200 to£239 |
£200 £240 |
| £60 to £69 | £240 to £279 | £280 |
| £70 or more | £280 or more | £300 |
🌟 Early Homemaker Top‑Up Promotions
We offer seasonal top‑ups throughout the year to give members a little extra support during busy periods. These usually run around:
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🐣 Easter
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☀️ Summer Holidays
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🎄 Christmas
To apply during an early top‑up promotion, your Homemaker Loan balance must have reduced by at least £100 since your last top‑up.
📅 Top‑Up Dates for 2026
🐣 Easter 2026
Monday 16th March – Thursday 2nd April 2026
☀️ Summer 2026
Monday 20th July – Friday 7th August 2026
🎄 Christmas 2026
Monday 2nd November – Friday 11th December 2026
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