A new, affordable way to borrow money.
18th September 2015
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Do you often find that there’s too much month left at the end of your money?

Your car breaks down at the worst possible moment, or you long for a well deserved holiday but you just can’t afford it. There may be home improvements that you desperately need but because of financial constraints, you keep putting them on the back burner.

We’ve all been there haven’t we?

Up until recently your options have been pretty limited, you could either try to save, or end up borrowing money from one of the many payday loan companies out there.  Not much of a choice really is it – you either go without or end up paying extortionate rates of interest (you may end up never paying it back fully!)

Well now there’s a better way to borrow money, one that’s fair AND affordable.

Barrow & District Credit Union is offering it’s lowest loan rate ever for it’s members.

Providing you are in full time employment, a Flexi Loan can be taken out for any reason, whether it’s for holiday’s, home improvements or a new car, there are no restrictions.

So how does a Flexi Loan Work? Here are some of the benefits:

The interest rate is 1% per month, or 12.7% APR on the decreasing balance.

There are NO HIDDEN FEES or charges and no early repayment penalties either.

All loans come with free insurance. In the event of your death, your loan would be paid off for you. Your debt would never be passed on to your next of kin, giving you total piece of mind.

To be eligible you have to be a member of Barrow & District Credit Union (There is a £2 non-refundable joining fee and a minimum £5 initial deposit, if you are not already a member)

As well as loans Barrow & District Credit Union offers a range of other products for every section of our community. For more details phone 01229 870110 email admin@barrowdistrictcu.co.uk Or visit https://barrowdistrictcu.co.uk/

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