Credit Union Loans

CHESTER CREDIT UNION - LOANS

Borrow:(Members)

£100 over 12 months = £2.04 per week repayment/ total repayable £106.45

£200 over 12 months = £4.13 per week repayment/ total repayable £212.82

£500 over 12 months = £10.41 per week repayment/total repayable £531.88

£1000 over 12 months = £20.81 per week repayment/ total repayable £1063.91

Higher and lower amounts are available, these figures are for illustration purposes only and are calculated on a reducing balance assuming regular repayments are made.

12.7% APR typical

In order to apply for a low cost loan with the Chester Credit Union you firstly must:

· Be an existing member

· Saved for a short period of time (for more information on this please contact us)

If you are not already a member? Then why not join (membership application form) and gain the benefits of being able to apply for a low cost loan?

CAPACITY LOANS

(no need to save for 8 weeks prior to application)

For those looking to Join in order to gain access to more instant loans we have introduced 'Capacity Loans.' These are based on individuals capacity to afford repayments and are loans of up to £400. To qualify you must become a member of the Chester Credit Union prior to application. These loans are charged at 2% per month interest on a reducing balance 26.8% APR Typical

Example: £400 loan - 52 weekly payments of £8.57 total amount payable £445.43

26.8% APR Typical

Please note: All loan applications are subject to approval and individual circumstances. Terms and conditions apply.

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