Saver Loan

Available for members who have built up savings

Saver Loan

Available for members who have built up savings

To qualify you must have a third of what you want to borrow in your credit union savings account. Saver Loans are available from £500 to £7,500. Interest is payable at 26.8% APR on loans up to £2,500, and 19.6% APR on loans above £2,500

One third of the amount you borrow will be held in an Attached Share account as security against the loan.

 

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