HEY Credit Union – Christmas Loans

HEY Credit Union have recently launched their Christmas Loans campaign, to make people aware that the Credit Union could help them afford their festive needs, which may include presents, food and drink, and furnishings to get the house ready for Christmas.

The Credit Union can provide loans from £100 upwards, with interest rates that, unlike other lenders, are capped by law at 3% per month. This is many times cheaper than lending from doorstep lenders, who typically charge over 200% APR. There are no hidden fees, charges or early settlement penalties on a Credit Union Loan, and interest is charged on the outstanding balance only.

Credit Union Members are encouraged to save as well, and new savers in Withernsea can claim a £25 bonus, funded by the Stop Loan Sharks Team, if they make at least three deposits into a Christmas Saver account by November. With this account, members can only dip in to their funds from 1 November to 24 December, to help them prepare for Christmas by keeping their savings out of temptation’s way.

HEY Credit Union are inviting members to Refer a Friend to apply for a Christmas Loan with us, and when they do, both the member and the friend are entered to a Prize Draw to each win a £50 Shopping Voucher. All the friend needs to do is apply for the loan before 20 December, then either the member or the friend just needs to complete a simple referral form. The Prize Draw will be made within 28 days of the draw ending.

For more details, see HEY Credit Union news page here, and our Christmas Loans page here.

I have attached a copy of the flyer we are using to promote the Christmas Loans. Please let me know if you would like any for your premises and I can supply some, along with our Withernsea branch leaflets once they’re available. If you would like to help us promote the Christmas Loans on your social media pages, please feel free to share/repost the posts from our Facebook and Twitter pages.

If you would like to direct anyone who you think would benefit from using our products and services to us, our Withernsea branch at the Shores Centre is open Monday, Wednesday and Friday from 9 am to 12 noon. We can also be reached by phone on 01482 778753, by email at info@hullandeycu.co.uk, and online at www.hullandeycu.co.uk.