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Whether you need a loan to get through a difficult period, or to help you afford a treat for you and your family, you need to be careful when choosing credit - a loan that is easily available can often be expensive.

Unify Loans are assessed on an individual basis and take into consideration a variety of factors, including affordability, previous savings history and credit history.

SMART LOANS are available to new members who have not yet established a savings history with Unify. The maximum loan available is £500.00 repayable over 1 year. Interest is charged at the rate of 2% per month (26.8% APR) on the reducing balance. Once members have repaid their first loan and established a savings history, subsequent loans incur interest of just 1% per month (12.7% APR)

SAVER LOANS are available to members who have saved for at least 10out of the last 13 weeks with Unify Credit Union. These loans can be repaid over a maximum of three years and interest is charged at 1% per month (12.7% APR) on the reducing balance.

Examples

SMART LOAN borrow £100 pay £2.28 per week - Total Repaid £113.65

SMART LOAN borrow £300 pay £6.83 per week - Total Repaid £341.02

SAVER LOAN borrow £500 pay £10.64 per week - Total Repaid £531.69

SAVER LOAN borrow £1000 pay £21.27 per week - Total Repaid £1063.41

For more information telephone 01942 701706 today!

WARNING - take care when taking out credit, make sure you ask what the weekly/monthly repayments are, how long you will pay them for, what the interest rate is, what is the total cost of the loan and is there any penalty if you settle the loan early?