Loans
Each member’s
account is unique and our loan officers will look at your savings
record, income, other borrowings and overall ability to repay your loan when assessing
your loan application.
There are a number of ways you can repay your loan:
- Set up a Direct Debit from your bank account
- At the Credit Union using cash, cheque or a Debit card
- By phone using a Debit card*
* This service is not available for Credit cards
There are two types of loans:
- Loans covered by the amount of shares you have. This is known as Covered by Savings
- Loans that are not covered by shares. You have to apply for this loan