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Credit Union worth investigating
Tightwadways
Posts: 325 Forumite
in Loans
We're looking onto borrowing money from our local credit union. Normally you would have to save for a certain amount of time before you could borrow, but for the sake of asking we've now found out once we become a member (£1) it may be possible to borrow what we need and only pay 1% on the balance for it's lifetime!! We have also been told we may need guarantors to do this, but as it's a fairly small amount my parents are happy to step in. Just thought I'd share....
0
Comments
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Whilst is is true that the Credit Union Interest Rate is 1%
it is in fact 1% per month
APR 12.86%
Robert Shilling...............................I have put my clock back....... Kcolc ym0
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