We know how much children shoot up in size in a small space of time and that will mean many of our account holders will be worrying about school uniforms cost now your children have broken up from school.
Of course buying school uniforms actually means buying much more than just the uniform; the list includes sports gear and equipment, joining clubs, calculators the list goes on.
According to the Children’s Society parents spend on average £422 per year for each child at secondary school and £287 for children at primary school.
Well luckily for you PCCU staff have years of experience helping our account holders when dealing with the costs of school uniforms and we can always be relied on in financially difficult times. Don’t fall victim to a payday loan or loan sharks in these circumstances, if you need to borrow your credit union is here.
Anyone who borrows from PCCU is
Not only do we make borrowing affordable, anyone who borrows from PCCU to buy school uniforms is expected to save into a savings account as they make loan repayments. These savings build up and act as collateral against the loan. They are fixed against the loan balance and can only be accessed once the borrower has fully repaid the loan or the loan balance is lower than the savings balance, when the borrower is allowed to take out the difference. As their loan balance decreases – savings build up, resulting in a savings pot when the loan is finished that can go towards next year’s school uniforms.
Once we’ve been provided with the information we need we’ll try to make a decision as quickly as possible. We understand how vital help with school uniform costs can be and so we aim to deal with all applications within two days and, wherever possible, by the very next day. As soon as we’ve decided, the money will be transferred into your account, which puts you in the happy position of being able to start shopping for school uniform items without having sleepless nights over how you are going to pay for it all upfront.