Searchable article text
YES, I’d like to know more about a discounted loan... Please complete the details below and we will send you the full details and application forms. I am interested in a loan at the discount rate. Please send me details and application forms. Name Address Postcode Loan Amount Loan term (months) Please return to: RMT Credit Union Ltd, Unity House, 39 Chalton Str eet London NW1 1JD or call for a chat on 020 7529 8835 RMT helpline 0800 3763706 :: june 2010 :: RMTnews The RMT Credit Union has lowered the interest charged on loans which once again shows the tremendous value YOUR credit union can offer. For a limited period the interest on our loans will be just 9.9 per cent APR which represents a 22 per cent discount on our usual loan charges. The tremendous value of this new rate is demonstrated in the comparison table below. As you can see, whether it's against high-street banks or on-line providers, the RMT Credit Union gives terrific value to members. And remember, unlike many providers we have NO hidden costs. There are NO early- redemption fees or compulsory insurances. Best of all, we don't rake off profits to shareholders. Members benefit through dividends paid on savings and the low cost of our loans. If you want to take advantage of the discounted rate of 9.9 per cent APR, contact the RMT Credit Union now by completing the form below or just give us a call on 020 7529 8835 and see how we can help you. The RMT Credit Union is flexible about the amount you can borrow, on your repayments, which can be monthly or four- weekly, and on the term length of your loan. Of course all loan applications are subject to the RMT Credit Union’s usual rules, terms and conditions. JUNIOR DEPOSIT ACCOUNTS Many members have told us they would like to start savings accounts for their children via their RMT Credit Union. We have decided to launch Junior Deposit Accounts (JDA) in response to demand. This will enable adult members to sponsor JDAs for young savers under the age of 16. This means that you can save regularly on behalf of your children, and when they reach the age of 16 they can become full members of the Credit Union. Full rules of the JDA will be available when you request to open an account. If you wish to open a JDA on behalf of a child, complete the enclosed application form and we will get you started. If the RMT Credit Union can be of assistance to you on these or any other matters please do not hesitate to contact us at www.rmt.org.uk/credit union or on 020 7529 8835 LOAN RATE SLASHED WITH 22 PER CENT DISCOUNT! New initiatives from RMT Credit Union bring cheaper loans to CU members and opportunity for younger family members to save £3,000 Loan over 60 months % APR Repayments Total Cost Compared to RMTCU RMT CU 9.9% £63.59 £3815 Alliance & Leicester 15.7% £70.27 £4216 (+ £401) The AA 17.9% £73.88 £4434 (+ £619) Halifax 22.9% £80.82 £4849 (+ £1034) Source: Moneysupermarket.com 24 April 2010