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Value of Shares Loans

These loans are charged at 0.50% per month on a reducing balance (6.34% APR). Members can apply for these loans up to the value of their savings in their share 1 account and must have no other loans outstanding.

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Value of Shares Loans 6.34% (Monthly)

Monthly Payment: £86.22

Total Payments: £1,034.67

Total Interest: £34.67

Value of Shares Loans 6.34% (Every Week)

Weekly Payment: £19.86

Total Payments: £1,032.64

Total Interest: £32.64

Value of Shares Loans 6.34% (Every 2 Weeks)

Weekly Payment: £39.74

Total Payments: £1,033.25

Total Interest: £33.25

Value of Shares Loans 6.34% (Every 4 Weeks)

Weekly Payment: £79.57

Total Payments: £1,034.47

Total Interest: £34.47

Whilst every care has been made in the production of this document, the Credit Union, or its staff, cannot be held responsible for any omissions, errors or other mistakes made herein. This document is for illustrative purposes only, so as to give you, the borrower, an overview of the potential cost of borrowing. ECU would be happy to give you a tailor-made quote to suit your borrowing needs.