Members can apply for a Shares Loan, where the first and second loans have an interest rate of 2% per day on a reducing balance, at 26.8% APR. Members who have had over three loans repaid with PCU are eligible for further loans charged at 1% per day on a reducing balance, at 12.68% APR.
Our members regularly use PCU Shares Loans for summer holidays, weddings, home redecorations, season tickets, spreading the cost of Christmas, and car financing.
∗Terms & Conditions Apply. All figures given on this website are for your general information only, and give a rough guide to loan repayments. Any statements on this website do not purport to be authorative or legally binding. You are advised to check with our offices for up-to-date rates and offers.
Your loan details have been captured and will be submitted with your enquiry.
Members can apply for a first and second loan at an interest rate of 2% per month on the reducing balance (26.8% APR). Members with over 2 loans paid are eligible for further loans charged at 1% per month on the reducing balance (12.68% APR).
Please note: if you do not meet the repayments on your loan, your account will go into arrears. This may affect your credit rating, which may limit your ability to access credit in the future.
If you would like more information on applying for a loan with PCU please contact us today.Contact Us