PCCU is an ethical lender. That means that we lend money to our account holders in a way which is focused on their needs rather than our profits. The profits that we do make is used to improve the area in which we’re based and the lives of people living there. If you take a look at our loan calculator, you’ll see how affordable borrowing money from us is as a result of this.
Our loan calculator sets out in a clear and easily understood manner exactly how much you’ll have to pay back to us if you borrow a specific amount of money. The loan calculator sets out weekly and monthly repayments and makes it easy to see not only how much your regular payments will be, but also the amount which you’re being charged in interest.
The straight forward nature of our loan calculator demonstrates the way in which we always try to give our account holders the fairest deal possible. That means we don’t charge them extra for arranging a loan, or hide any fees in the small print of our contracts. It also means that we work to come up with a payment plan which we believe you’ll be able to meet, and even go to the trouble of putting aside a small percentage of each repayment so that your savings are building as you pay back your loan.
If you access our loan calculator you’ll be able to see exactly what you’d be paying back for a variety of loan amounts, and that makes it easy to sit down, figure out how much money you’ve got coming in, and borrow an amount which you can pay back without undue stress. All too often, borrowing from the likes of doorstep or payday lenders can lead to a debt spiral, with more debts having to be taken out and repayments building constantly.
Our loan calculator sets out the service we offer no matter why you need to borrow money. It could be because your washing machine has just broken down, your house needs redecorating or you want to take the kids on a summer holiday. In other words, all the things which people should be able to afford but sadly often can’t through a combination of low pay and rising prices. As our loan calculator demonstrates, funding the things you and your family need doesn’t have to stay just out of reach, and our staff are ready and waiting to come up with a loan arrangement which will suit your circumstances.
We realise how urgent these needs can sometimes be so we always try to deal with applications within a couple of working days. Once a loan has been approved it will be transferred instantly to your account, leaving you free to spend it without having to worry about whether you can afford to pay it back. If you’re not a member of PCCU take a look at our loan calculator to see in simple black and white just what we could do for you.