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Please note:
- Members can apply for a loan after just eight weeks saving with Penny Post Credit Union (maximum loan £2,000 for the first year of membership).
- No need to apply for thousands if you only need a hundred or two; no minimum loans with the credit union.
- The maximum loan period we offer is five years.
- See leaflet,
 Thinking about a Loan (1938.8kb) for more details. Terms and conditions apply.
There are two calculation options, depending on what you would like to know:
Method [A] - I know how much I would like to repay each time: How many repayments will be required to clear the loan?
Method [B] - I know how many repayments I wish to make on a loan: How much will each repayment be?
For a description of the loan interest rates, please see the Need a Loan? page.
Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for quotation purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing.
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15 March 2010
