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shillelagh · 13-01-2007, 15:56

I've said this before about Credit Unions.

If you become a member you can get cheap loans, 1% APR a month on the falling amount. Hyndburn has now got a credit union. You can become a member of the credit union if you live or work within the boundary. The one i am a volunteer of is HHH Credit Union - Haslingden, Helmshore and now Hyndburn. To get a loan all you have to do is save regularly for 13 weeks and then you are able to get a loan. A few years ago Provident pushed a leaflet through one of our volunteers door offering £80 in vouchers and by the time you paid it back you would have paid £126. We worked it out if you borrowed £80 from the credit union you would pay back £84. Plus that would set you up in good stead for your next loan because when you pay back your loan you save at the same time.

I'll put the telephone number of the credit union on here if thats ok and you can ring them anytime Mon - Friday and they will answer any questions you have. 01706 215082.

13-01-2007, 15:56	#25
shillelagh God Member Join Date: Jul 2005 Location: at the border .. Posts: 8,194 Blog Entries: 252 Liked: 1627 times Rep Power: 489677	Re: Loans I've said this before about Credit Unions. If you become a member you can get cheap loans, 1% APR a month on the falling amount. Hyndburn has now got a credit union. You can become a member of the credit union if you live or work within the boundary. The one i am a volunteer of is HHH Credit Union - Haslingden, Helmshore and now Hyndburn. To get a loan all you have to do is save regularly for 13 weeks and then you are able to get a loan. A few years ago Provident pushed a leaflet through one of our volunteers door offering £80 in vouchers and by the time you paid it back you would have paid £126. We worked it out if you borrowed £80 from the credit union you would pay back £84. Plus that would set you up in good stead for your next loan because when you pay back your loan you save at the same time. I'll put the telephone number of the credit union on here if thats ok and you can ring them anytime Mon - Friday and they will answer any questions you have. 01706 215082.