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Dalmuir Credit Union members have the right to make application for borrowing to the maximum of £15,000
liability, provided that all criteria of membership have been met. All applications shall be monitored and assessed on the ability to repay and will be considered by a loan officer
or the Credit Committee. With a loan from your credit union
there are no hidden costs. APR is 12.68% calculated at 1% per month on the reducing balance, there is no penalty
for repaying your loan early.
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Your Credit union loan receives at "no extra cost" loan protection cover. The net effect of this
insurance is that your next of kin incur no liability for your outstanding loan, subject to pre-condition limitations.
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