Haghill & Dennistoun CU

We are a financial co-operative based in Dennistoun. Members can now access Credit Unions services from a phone app. Existing members can quickly verify they are the account holder and sign in. Using fingerprint login, users can access balance information, apply for a share withdrawal or loan and check for the result of applications. Unsecured loan interest rate: 12.68% APR (1% monthly, 12% annually) Secured loan interest rate: 8.34% APR (0.67% monthly, 8.04% annually) Loan term: 3 months to 5 years. (10 years secured) Non members can apply to join. The maximum term for an unsecured loan is five years. Unsecured loans have an interest rate of 12% per annum charged daily (APR 12.68%) The maximum term for a secured loan is 10 years. Secured loans have an interest rate of 8% per annum charged daily (APR 8.34%) A £1000 unsecured loan taken over 18 months would require 18 monthly repayments i.e. 17 payments of £62 with an additional final payment of £41.72 The total cost of the loan would be £96.15 charged in interest and the total sum repayable would be £1096.15 A £1000 secured loan taken over 18 months would require 18 monthly repayments i.e. 17 payments of £60 with an additional final payment of £43.39 The total cost of the loan would be £63.68 charged in interest and the total sum repayable would be £1063.68