At the credit union, we look at things differently.
1. Owned by you: Every credit union is owned by its members, the people who save with it and borrow from it.
2. Local: All decisions are taken at local level in the best interest of their members.
3. Member service: Credit unions excel in the personal service which they provide to members .
4. Straightforward: There are no hidden fees or charges on credit union loans.
5. Flexible: You can pay off your loan early, make additional lump sum repayments or increase your regular repayments, all without penalty. Generally. there is no minimum loan period.
6. Loan protection: Loans are insured by the credit union’s own policy at no direct cost to you. This is designed to pay off a loan in the event of a borrower’s death, subject to terms, conditions and eligibility criteria.
If you haven’t used your account in some time, your account may be classified as dormant, but don’t worry. Any shares you have deposited will remain and will continue to be topped up by any dividend paid.
Reactivating your account is generally straightforward and your local credit union can talk you through the process. And at many credit unions, you will be able to apply for a loan immediately.
To find contact details of your local credit union, click the button below.
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