The new partnership will be promoted to customers so that they have access to affordable financial services instead of turning to expensive loans for example from a doorstep lender.
A summary of the membership requirements and services offered is listed below:
Anyone over 16 (18 if applying for a loan) who lives in a Wherry property can apply, or anyone over 16 (18 if applying for a loan) who lives or works in Norfolk.
All members pay £1.00 to join
Members can apply immediately for a loan. Borrowing from the Credit Union is less expensive than other lenders. For example:
Borrow £100 over 12 months, repay at £8.89 per month: total repaid = £106.57
Borrow £1000 over 24 months, repay at £47.07 per month: total repaid = £1118.45
Please click on the links below to download and print an application form or contact us if you would like one sent to you in the post.
There are also Credit Unions operating in Suffolk and Cambridge area, for further details please contact:
Ipswich and Suffolk Credit Union
61/63 Austin Street
Tel: 01473 690690
Cambridge City Credit Union
82 Akeman Street
Tel: 01223 314664
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