NESCU Personal Loans

Help with Money from people you can trust.

Credit Unions are held to the same stringent regulations as the banking industry, providing many of the same services– but without the hidden charges, fees and penalties. Best of all, credit union members money remains in their local community, benefitting other members, friends and relatives - every penny saved and borrowed with us is one more penny in the pot to help the other members of the community.

• Borrowing is based on YOUR savings and YOUR ability to repay.
• No hidden charges, fees and no penalties for early settlement.
• Fully inclusive to all members of the community: Business, Families, Employed or Unemployed, Young People or Retired.
• You decide how much you wish to save on a weekly, fortnightly or monthly basis

Best of all - Our Loans are currently charged a standard rate of just 2% per month on a reducing balance (26.82% APR)

So…… WHY PAY MORE WHEN YOU CAN PAY LESS?

LOAN COMPARISON:

Lender

APR

Amount Borrowed

Duration

Repayment

Total Repaid

Total Interest

Door Stop Seller

272%

£600

52 weeks

£21.00 per week

£1092

£492 

Pay Day Loan

1509%

£600

30Days

£777.6

£777.60

£177.6        (£2131.2 over 12 months).

NESCU

24.62%

£600

52 Weeks

£14.37 per week

£747.72

£147.72

 

Say NO to Payday loads and Say YES to the Credit Union.

Click HERE to Download

Loan application A3 size

NESCU LOAN AGREEMENT FORM (Original)

Loan Requirements                                                                                      

Bacs Loan Transfer Request March 2016

Standing Order Instruction Feb 2017 docx