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Why a Credit Union Loan 2023 is the Ethical Way to Borrow

It’s that time of year, as we slowly begin to emerge from winter, when many people start to look forward to planning for events in the rest of 2023. It could be that you’re planning a major holiday this year, now that COVID 19 travel restrictions seem to be a thing of the past, or splurging on some home improvements like a new kitchen or loft conversion. Those are larger items, of course, but it could be that you need to think about a credit union loan 2023 for relatively smaller expenses, such as buying your kids school uniforms, paying a vet bill or simply spreading the cost of an unexpected bill. No matter what you need the money for, a credit union loan 2023 could be a good option for borrowing money and, when you borrow from a credit union like CLEVR Money, you’re borrowing from an ethical lender.

Being an ethical lender means we operate for the benefit of the local community as a whole, focusing on people not profit. As a not-for profit organisation, any money we do make is put back into the business and used to improve the lives of our members and the communities in which they live and work.


When you take out a credit union loan 2023 you can be certain that you’re borrowing from a lender that has your best interests at heart. We make lending decisions based on more than just standard credit ratings, and that means two things – firstly that we may be able to lend to members who may have been refused loans elsewhere, and secondly that we never lend more than we honestly believe our members will be able to pay back. When you take out a credit union loan 2023 you do so safe in the knowledge that the payment plan – from the weekly or monthly repayment amount to the interest being charged – will have been designed to keep things as affordable as possible.


The other big benefit of taking out a credit union loan is that we work to keep the interest rates as fair as possible, and we operate in a completely transparent manner. That means you can apply for a credit union loan 2023 safe in the knowledge that you won’t be facing hidden fees or charges buried in the small print. As well as being ethical and responsible, we pride ourselves on offering a first rate service to our members. We’ve made it easy to apply for a credit union loan online, and we make decisions on each application as quickly as possible. If your credit union loan 2023 is approved then the money will be transferred to your bank account, leaving you in the position of knowing exactly what you’ll be paying back each month and in total, and how much of that amount is made up of the interest being charged.


Representative example. Borrowing £6,500 over 60 months will cost £153.27. Total amount repayable is £9,196.20 which includes interest at 15.6% APR. The figures given above are for illustrative purposes only. The actual interest rates and repayment amounts may vary subject to loan amount and status.


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