Whether you save for a rainy day or want a loan for a holiday.... the SCVO Credit Union is here to help you!
Our service is available to anyone who is a regular volunteer, or employed by an SCVO member organisation, their partners and family members resident at the same address.
We offer a unique ‘Savings and Loans’ service. Cheaper than most similar unsecured bank loans
Our service includes the following benefits:
- You can save via your company payroll (by prior arrangement) or Direct Debit
- There are no arrangement or early / partial repayment fees
- Free life insurance (subject to conditions and limits)
- Your resident family members can also join and receive the same benefits as you
- We offer a warm and friendly help-desk service to assist you with any enquiries
Download a Guide to the SCVO Credit Union
The example below shows a typical borrowing at 1% per month (APR 12.68%) on the reducing balance
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| £1000 |
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over 12 months |
Your monthly repayments will be £88.85 |
| £1000 |
|
over 24 months |
Your monthly repayments will be £47.07 |
| £1000 |
|
over 36 months |
Your monthly repayments will be £33.21 |