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Your IP: 38.107.191.118
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Today: Sep 07, 2010
Your IP: 38.107.191.118
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Today: Sep 07, 2010
Fair Loans For Our Community
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Borrowing from ECU
ECU has been helping hundreds of local people by providing affordable loans so that they can:
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Replace electrical goods
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Go on holiday
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Cover the cost of Christmas
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Pay off debts
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Buy furniture
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Decorate thier home
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Purchase school uniforms
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etc.
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(Conditions apply)
We provide FREE life insurance so that if you die during the period of the loan, then the loan will be paid off*. There are easy ways to pay your loan, including Standing Order from your bank or directly from your benefits or wages.
COMPARISON OF A £500 LOAN FROM ECU AGAINST THE MAIN DOORSTEP LENDERS.
|
LENDER |
WEEKS |
WEEKLY REPAYMENT |
INTEREST RATE (APR) |
INTEREST CHARGED |
TOTAL TO REPAY |
YOU SAVE |
|
ECU |
51 |
11.00 |
26.8% |
62.00 |
562.00 |
|
|
Provident Financial Services |
57 |
15.00 |
189.2% |
355.00 |
855.00 |
293.00 |
|
S&U plc |
52 |
16.55 |
281.5& |
366.00 |
866.00 |
304.00 |
|
Greenwood Personal Credit |
55 |
16.00 |
220.9% |
381.00 |
881.00 |
319.00 |
|
Shopacheck |
52 |
17.00 |
246.5% |
384.00 |
884.00 |
322.00 |
www.lenderscompared.org.uk January 2009
Larger Loans
If you have sufficient income and have been a long standing member of ECU, you may qualify for a larger loan at a favourable interest rate that could beat other loan providers.
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