London Capital Credit Union

(4.2) in London

The Credit Union is a not-for-profit savings and loans co-operative dedicated to promoting saving rather than borrowing. It also provides low-cost loans in times of need.

Highlights

Have always found the staff very friendly & helpful. It's a great way to take out an affordable loan whilst still saving at the same time. Highly recommend
deborah o
  • We offer loans, large and small, up to £25,000 above savings, starting from just 2.9%.
  • The credit union aims to be an employer of choice. Whilst our co-operative is run for its members, the savers, and borrowers, we also pride ourselves in the co-operative style of organization at work.
  • There are 21 prizes up for grabs every single month, with a grand prize of £5,000 and twenty further prizes of not less than £20

Top Rated Financial Service

Business Profile

London Capital Credit Union
Opening Hours Monday 9:00am - 5:00pm
Tuesday 9:00am - 5:00pm
Wednesday 9:00am - 5:00pm
Thursday 9:00am - 5:00pm
Friday 9:00am - 5:00pm
Email [email protected] Telephone +442075611786 Get Direction Map Jeremy Hopgood Rooms, Caxton House, 129 St John's Way,, London N19 3RQ Reservation: Book now
Food Menu: View
Customer Queries: Contact

London Capital Credit Union wants to make money work for our members. You can start a regular savings plan from your salary/bank or make a lump sum deposit and know that your money is being used to provide a real and meaningful alternative to the very high-interest rates charged by most lenders, particularly to the poorest in our communities.

Deposit your money safe with London Capital Credit Union in the knowledge that it is benefiting thousands more people escape from debt. You can save as little or as much as you like, though London Capital Credit Union recommends at least £20pcm or £5pw

Dividends are calculated on your average savings for the previous financial year between the 1st of October and the 30th of September. So if your average savings was £1,000 and the dividend is 0.5% then you would receive £5 dividend to your savings account as a share of our profits.

Interest rebates are paid based on any loan interest you have paid to London Capital Credit Union during the previous financial year. So if you had paid £1,000 in loan interest to London Capital Credit Union over the year and London Capital Credit Union offer a 3% rebate then you would receive £30 paid to your savings account as a share of our profits. All dividends are paid gross of tax.

London Capital Credit Union wants to make money work for our members and the wider community. You can start a regular savings plan from your salary or your bank (or make a lump sum deposit) and know that your money is being used to provide a real and meaningful alternative to the very high-interest rates charged by most lenders, particularly to those our communities on low incomes.

 

Masuma Lucky posted

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