Standing Order Set Up and Adjustments

Portadown Credit Union would like to remind members that once a loan is issued, it is the responsibility of the member to set up a standing order with their bank. We do not do this on your behalf nor do we do direct debits.

In addition, if members top up their loan, they will have to adjust their previous standing order to ensure they don’t fall into arrears which will affect their credit score.

Please ensure the standing order distribution is correct e.g. Standing Order Payment of £250 with £240 off loan and £10 into savings. Contact us if this needs changed.

Portadown Credit Union- Your local lender of choice