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LOANSPlease click here for independent money advice. The Association of British Credit Unions (ABCUL) have published a list of free debt advice. You can see the list by clicking here ------------------------------------------------------------------ The loan calculator below will give you an estimate of what your loan would cost you if you were paying an interest rate of 1% a month on the reducing balance. Simply choose the amount you would like to borrow, how often you would like to make your repayments, and how many months you would like to borrow the money for. The loan calculator will estimate what each repayment will cost you, the total amount you will repay and the total interest you will pay over the period of a credit union loan. Credit Union loan example – Kevin’s flat Meanwhile his savings have increased to £690.36. Next time he could borrow over £2,000. Perhaps to buy himself a car, or to help with the costs of a higher education course. |