Loan calculator

Loan example is a standard loan at 1% (APR 12.68 %)

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Remember…

  • there are no hidden charges associated with our loans
  • the interest is charged on the reducing balance daily
  • there are no penalties for early full or partial repayments
  • there is free loan protection Insurance cover on most of our loans*
    (* subject to certain restrictions – please ask the Credit Union office for more details)

Loan products and examples:

Loans Products Borrowed Amount Representative APR Monthly Repayment Repayment Term Total Repayment
Standard Loans £1,000 12.68% APR £88.84 12 Months £1,066.01
Refinanced Loans £1,000 19.65% APR £91.65 12 Months £1,099.88
Loyalty Loan £7,000 9.38% APR £174.21 48 Months £8,361.39
Loyalty Loan Plus £10,000 6.17% APR £234.85 48 Months £11,272.87
Budgeting Loan £1,500 26.82% APR £80.00 24 Months £1,898.20
Starter Loan £500.00 26.82% APR £47.26 12 Months £567.23
Budgeting Loan Borrowed Amount Representative APR Monthly Repayment Repayment Term Total Repayment
Limit £500.00 26.82% APR £45.00 12 months £571.03
Limit £750.00 26.82% APR £65.00 14 Months £861.06
Limit £1,000.00 26.82% APR £80.00 12 months £1,161.98
Limit £1,500.00 26.82% APR £80.00 24 months £1,898.20