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Tel: 0114 243 8437 Email: enquiry@transaveuk.co.uk

NewsTransave loans are expanding
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24-May-2017
Transave loans are expanding

TransaveUK has increased its maximum loan amount from £10,000 to £15,000.

 

With competitive APRís starting from 8.8% (dependent on a members personal circumstances), loans can be taken over a maximum term of 72 months and be used for any purpose.

 

And unlike many high street lenders loans from TransaveUK have no set-up fees, cancellation charges, or penalties for paying the loan
off early.

 

The success of any loan application will be based on the ability to afford payments and the memberís savings record. However TransaveUK does not simply reply on credit scores or automatically reject a loan application if the member has had any financial problems.

 

TransaveUK members are also enrolled in a death benefit scheme at no extra cost - so if a member dies before repaying their loan, the balance would be paid off for them plus a small funeral grant would normally be paid to their next of kin.

 

Loans are available after a member has saved for a minimum of four weeks and the maximum loan amount available cannot exceed two-and-a-half times (X 2.5) the amount in savings with TransaveUK at any given time. Additional restrictions will also apply to those members saving by Direct Debit as opposed to saving from payroll.

To apply for a loan login in to online banking via the secure members area on http://www.transaveuk.co.uk or ring the TransaveUK office on 0114 243 8437 for a loan application form.

 

 

 


  • Transave Credit Union
  • Tel: 0114 243 8437
  • Email: enquiry@transaveuk.co.uk
  • Web: www.transaveuk.co.uk
At Transave we provide a fair return on your savings, and access to affordable credit. We operate in an ethical manner for the mutual benefit of all members, keeping our policies clear, simple and fair for all. If you have a questions regarding any aspect of our policies or procedures please contact us: rachael.kershaw@transaveuk.co.uk

Transave is authorised by the Prudential Regulation Authority, and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.