Have you seen the words "typical Loan" in financial adverts?
"Typical or From" usually means that this is probably one of the best rates that the company has to offer and is used to attract your attention; in reality the chances are you will not qualify for the advertised rate.
The Transport Credit Union does not use such marketing "techniques" and operates a "what you see is what you get policy".
Unsecured loans can be arranged with our current rates as follows:
|
AMOUNT
BORROWED
|
FLAT
RATE
|
APR
|
|
|
Up to |
£4999.00
|
6.5%
|
12.5%*
|
|
£5000.00
|
£5999.00
|
6.2%
|
11.9%
|
|
£6000.00
|
£7999.00
|
5.5%
|
9.9%
|
|
£8000.00
|
UPWARDS
|
4.7%
|
8.9%
|
*Example : £1000 loan paid back in one year = £65 interest
Secured loans Secured loans can be arranged with rate available on application. Computer Loan Example: £500 paid at £20 per week = interest only £34. Can be added to your current loan balance, can be flexible. |  |
We are so proud of our Small print we made it larger !
- No surcharge if you settle your loan early.
- No set up fees.
- Free Life Insurance.
- Interest is calculated on the reducing balance.
- Loans are fixed rate.
- If you no longer want your loan, send it back within 14 days and be charged £0