Christmas is just around the corner and we know from experience that it’s a time of year when our quick online loans can make all the difference. No matter how hard you work to save money all year, or how careful your planning is, Christmas can still throw up unexpected expenses, so quick online loans from CLEVR Money could make all the difference. We understand that we’re not the only organisation lending money, and that people might opt to borrow from payday or high street lenders, or to extend their overdraft or take out a credit card. But it’s important to understand the difference between those options and online loans from a credit union, which is provided in a fair and responsible way.
When someone becomes a member of CLEVR Money they are in a position to apply for quick online loans that are provided in a truly ethical manner. Ethical lending dictates all aspects of our quick online loans, and this begins with the fact that we operate as a non-profit organisation. When you join CLEVR Money we treat you as someone we can help with their finances, as part of our mission to make the areas in which we operate better places for our members to live and work. Our non-profit operation means that we can keep our interest rates as fair as possible, rather than pushing them higher in order to drive up profits. This applies across all of our quick online loans, whether members need to borrow a small amount, or take out a larger loan to finance a purchase such as a new cooker or fridge freezer.
The other feature of our quick online loans which reflects our ethical way of working is the transparent manner in which we provide them. In simple terms, when you take out one of our online loans we’ll make sure that you know exactly how much you’ll be paying back every week or month, exactly how much the final total you’ll repay will be, and how much you’re being charged in interest. Unlike some lenders we don’t hide extra fees or hidden charges in the small print, so when you take out one of our quick online loans you can relax in the knowledge that you know exactly what you’re dealing with.
As the name suggests, we process quick online loans as fast as possible, because we appreciate the urgent requirements which our clients sometimes have. Once approved, the money will be paid into your account, providing peace of mind and leaving you free to spend it as and when you wish. We know how much our members appreciate our quick loans and we’re proud of the fact that we’re here to help when needed.
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.