Our personal loan provides you with the funds you need while also giving you the peace of mind that you won’t have any hidden surprises or unfair repayment terms.
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More about personal Loans
What are the benefits of borrowing from us?
- You borrow against the value of your share account so you only borrow what you can afford to pay back
- A maximum of £10,000 can be borrowed over a maximum of 5 years
- Your loan is insured up to £10,000 subject to a six-month pre-existing condition limitation
- Over the past few years, a loan rebate of 10% has been paid out to our members
- Interest is calculated on a reducing balance. The quicker you pay the less interest you pay in the long run
* Information purposes only. If you are interested in borrowing a loan with Penilee Credit Union, please get in touch with us.