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Loan sharks are pests and many
people today end up paying huge amounts to these people. The
Credit Union provides a simple way for people to help one
another get out of debt and manage their money better. Rugby
Credit Union has a branch on the Overslade Estate thanks to
church members agreeing to staff the opening each Tuesday from 6
till 7 pm
A Credit Union is a financial cooperative that is owned by its
members. It provides
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Low cost loans - 1% per month on the reducing balance (12.68% APR), the same regardless of the size of the loan
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Easy savings - cash, standing order or payroll
• Insurance of loan and savings at no
cost
• Profit sharing
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