Why borrow
from us?
We offer low cost loans at a fair rate of interest – offering a real alternative to credit cards, banks and doorstep lenders.
If you’re looking for a loan, just click opposite to download an application form and apply today. Return to us at our FREEPOST address today
– NO STAMP NEEDED.
Why get a loan from LCCU?
We offer low cost loans at a fair rate of interest – offering a real alternative to credit cards, banks and doorstep lenders. Plus, we can discuss repayment options to suit your needs.
What makes us different?
1. We calculate interest on a daily basis. This means that as your loan balance decreases, the interest that it attracts will decrease too, so the faster you repay your loan, the cheaper it will be.
2. There are no early redemption penalties, so if you decide to pay back your loan early, you will only pay the outstanding balance of the loan. The interest that you would have paid over the remainder of the full loan term will not be applied.
3. The maximum interest rate that we can charge is capped by credit union legislation, meaning we don’t charge the high interest rates that many other lenders do.
How much will you pay on our Regular Loan?
We’re currently offering even better rates on our Regular Loan. Borrow from £5,000 and enjoy 8.7% APR Typical. Loans of £1,000 to £4,999 will be charged at 18% APR Typical. See “Regular Loan interest rates” opposite.
Remember, different types of loan will carry different interest rates.