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SAVING & BORROWING

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  • ROMCUL lends money at a maximum of 2% interest per month (paid only on the reducing balance, with no penalty for early repayment) - and with no hidden costs. That's about the best deal available anywhere.

  • You can save regularly any amount you can afford.

  • Your Credit Union is owned and run by local people.

  • Your money is completely safe and is kept in your local community.
Compare the cost of borrowing £300 over 55 weeks
Credit Union 26.82% £38.78
Loan Company 177% APR £195.00

£100 repaid weekly over one year will cost around £12 with no extra hidden costs or charges.
For a close estimate of the cost of a loan (assuming regular repayments) use our loan repayment calculator.

You can downloaded the Standing Order mandate and loan application form or pick them up from one of the offices.