Pay-Day Loan

If a member recently joined the credit union and does not have any form of savings within the last three to six months, the member is required to deposit 10% of the loan amount borrowed.

Repayments of this loan can be done in a maximum of twelve months.

Repayment of this loan will be salary deduction only

No share ratio required.

The rate of interest will be 48% on the reducing balance.

Members can access a maximum of:


Members can access a minimum to offset expenses at: