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?
|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