Enterprise Credit Union

Tel: 0151 482 0177 | 22 April 2016

Value of Shares Loans

These loans can be applied for after a minimum period of 10 weeks and cannot be for amounts higher than savings held in the members Share 1 account.These loans are charged at 0.50% per month on a reducing balance (6.34% APR). Members can then apply for 3 times their shares as a loyalty loan up to a maximum of £3000.

-
+
-
+
Value of Shares Loans 6.34% (Monthly) Monthly Payment: £86.22 Total Payments: £1,034.67 Total Interest: £34.67
Value of Shares Loans 6.34% (Every Week) Weekly Payment: £19.86 Total Payments: £1,032.64 Total Interest: £32.64
Value of Shares Loans 6.34% (Every 2 Weeks) Weekly Payment: £39.74 Total Payments: £1,033.25 Total Interest: £33.25
Value of Shares Loans 6.34% (Every 4 Weeks) Weekly Payment: £79.57 Total Payments: £1,034.47 Total Interest: £34.47

Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing. ECU would be happy to give you a tailor-made quote to suit your borrowing needs.

Enterprise Credit Union is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority (FCA) and the Prudential Regulation Authority. Firm Reference Number (FRN) is 213291.

©2016 Enterprise Credit Union All Rights Reserved. Site by / KeeleSoft / Birdinkweb
FSCS Fair Banking Investors in people