May Bank Holidays

DRUMCHAPEL CREDIT UNION LTD.

At the recent AGM, Members voted to have a tiered system for loans and the Board of Directors have now agreed on the following:

As from 1^st July a new tiered rate for will apply to all new loans

Interest Rates for Loan Balances

                                                                        Per Month         APR           

Loan Balances up to   £ 200                              3%                     42.6%

£ 201 -   £1,500                                                 2%                     26.8%

£1,501 - £3,000                                                1.5%                   19.6%

£3,001 - £15,000                                              1.25%                 16.1%

Loans that are totally secured will be               0.5%                      6.2%

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