After the 18 months or so we’ve all just been through, and considering how last Christmas was impacted by the pandemic, it’s likely that Christmas 2021 will see people wanting to make up for lost time.
OK so it’s only October, but we know how quickly the time between now and Christmas can pass. We also understand the kind of financial strain that funding a family Christmas can place people under so, around this time, we become the ‘Christmas loan credit union’.
Being the Christmas loan credit union means being there for our members when they need us the most, understanding just how expensive the festive season can be for the average person wanting to give their families the best celebration possible, particularly if they have young children. As the Christmas loan credit union, we realise that even something as simple as buying food and drink to fuel a Christmas family get together is likely to be expensive and how, even if you try to save up during the rest of the year, it can be difficult to put aside sufficient funds to arrange something truly special.
The good news is that CLEVR Money, as the Christmas loan credit union, is ready and waiting to lend its members the money they need. Whether it’s the funds for a big family party, the gifts for the kids, some new furniture for the relatives or even cover the cost of a Christmas break, we can make it happen.
We lend to our members in an ethical manner and we run on a not-for-profit basis. This enables us to keep our interest rates as fair as possible, so our members can borrow from the Christmas loan credit union without having to worry about repaying far more than they borrow.
It also means that everything we do is done in a clear and transparent manner, so our Christmas loans come with no extra charges and no fees hidden. As a Christmas loan credit union, we don’t want our members to spend January and February worrying about paying back the money they borrowed, and so we never lend more than we think they can pay back, and always create affordable, easy to understand payment plans.
Once a member has given us the information we need we try to reach a decision as soon as possible, and once a Christmas loan has been approved the money will be transferred to their bank account. We like to think that our work as the Christmas loan credit union will make it much easier for our members to enjoy a merry Christmas and a stress-free New Year.
*Representative example. Borrowing £600 over 12 months requires repayments of £60.28pcm. Total amount repayable £723.36 including interest at 42.6% Representative APR, Annual interest rate (fixed) 36%. The figures given above are for illustrative purposes only. The actual interest rates and repayment amounts may vary subject to loan amount and status.