For the first child £500 is the maximum you can borrow.
All members that are in receipt of Child Benefit can apply.
Download and complete the Child Benefit Savings And Loan Application Form.
If you are not already a member, then apply to join with proof of ID and proof of address and send it to Oxfordshire Credit Union.
Contact the Child Benefit office and redirect your payments to the bank details, which you will find in the Child Benefit Savings And Loan Application Form
Make sure you let us know your 10 digit Child benefit reference number. This will be in the notification letter or other papers you have from the Child Benefit Office.
Once we've received your 1st Child benefit payment your loan will be processed and paid by BACS to your nominated bank account which can take 3-5 working days to clear.