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Cashback Offer!

Tuesday 19th Apr, 2022

Limited time loan sale!

Thanks to sponsorship from Stirling Council, for a limited time, we're pleased to offer Members a cashback loan! 

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When you complete your loan repayments, we’ll repay 25% of the interest you’ve paid!

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Offered on the same terms as our Loyalty Loan, you can borrow

• From £500 to £10,000
• Over 6 to 60 months

And, yes! When you complete your loan repayments, we’ll repay 25% of the interest you’ve paid!

Here are a few examples:

Borrow	For	Repay	Cashback	Total Cost	Equivalent APR
£500	6 mths	£88.51 pm	£7.76	£23.30	17.00%
£1,500	12 mths	£135.39 pm	£31.17	£93.51	11.98%
£3,500	24 mths	£169.70 pm	£143.20	£429.60	11.98%
£6,000	36 mths	£199.29 pm	£293.61	£880.83	9.51%

To be eligible for this special offer loan, you need:

• To have been a member for at least 3 months.
• To be saving regularly
• To pledge savings to the value of 25% of the loan*
• To have a good repayment record if you've borrowed from the credit union previously.

 

* You may borrow four times the value of your savings pledge (or, "Share Pledge"). A "pledge" simply means your savings will be put into a special savings account as security for the loan. Your Share Pledge will be released back to you when the pledge exceeds the outstanding loan balance.

You can repay the loan in full at any time without charge or penalty.

Remember! When you borrow from us your loan interest generates the income that keeps our doors open and enables us to pay a dividend on your savings.

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