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Why choose your Credit Union for Savings and Loans?Our interest rate of 12.6825% is calculated on the decreasing balance of your loan, so as you reduce your balance, you reduce your interest payable. We give a generous interest rebate to our borrowers (20% for the year 05/06) therefore reducing the cost of borrowing even further. We offer repayment schedules on a weekly, fortnightly and monthly basis, simply to suit you better. You can pay extra at any time, with no charge, to bring your balance down quicker, again, saving you money. We’re also unique in how we cope with unforeseen circumstances, should you have difficulty at any time making your repayments we’re here to help, with fully trained, professional staff on hand either call in to our office or phone to discuss your loan schedule.
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