Low Cost Loans from Angus Credit Union
Posted by Chris B on April 11, 2010 · Leave a Comment
All about our low cost loans
How much do your loans cost and how much can I borrow?
For starters, there are NO arrangement fees with any Angus Credit Union loan. The maximum any credit union in the UK will charge is 2% on decreasing balances. ACU will charge 12.68% APR (1%) on most low cost loans; this is dependent upon saving pattern, ability to repay and the decision of the Loan Committee.
Am I eligible to apply for your low cost loans?
You have to be a member of Angus Credit Union* in order to be able to apply for our low cost loans. Once you have been saving regularly (8 weeks or 3 monthly payments) you are eligible to make a loan application.
As a guide, you can borrow up to 3 times your savings with Angus Credit Union. So, if you have £100 saved, you can borrow up to £300.
Download the Loan Application here
Low cost loans from Angus Credit Union – Why use a doorstep lender when you have a lender on your doorstep?
* In order to be a member of Angus Credit Union you need to be living or working in Angus. Once you are a member we offer a variety of services including a Savings Account, Low Cost Loans and other benefits including special discounts at local retailers
