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By law, Larne Credit Union Limited cannot charge more than 1% per month on the reducing balance of your loan. This means that a loan of £1000, repaid monthly over one year, will cost you maximum interest of £65. There are no fees or transaction charges. The actual interest may be even less if, at the end of the financial year, we declare a rebate of interest.
Loans may be repaid over a period of up to 4 years. We are here to help you at any time and if you find you are having difficulty in repaying, we need you to contact us immediately. It is worth remembering that you can repay your loan in full, at any time, without any penalty or additional charges.
Terms & Conditions Apply
* All figures given on this web site are for your general information only, and give a rough guide to loan repayments. Any statements on this web site do not purport to be authoritative or legally binding. You are advised to check with our offices for up-to-date rates and offers.You are advised to check with our offices for up-to-date rates and offers.
Information correct as at 31/07/2017
Whilst every care has been made in the production of this information, it is for illustrative purposes only and to give you an overview of the potential cost of borrowing at Larne Credit Union. It does not constitute a loan offer. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing and does not constitute an offer of finance or repayments.