Loan Promotion – Back to School Loan

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ASCU Education Loan 

 

Make ASCU your 1st choice for Education Loans!

 

 

 LOAN DETAILS 

  • 40% must be credited to shares
  • Approval subject to normal loan conditions
  • Interest rate on the reducing balance 0.50% on new loans or in the case of a refinanced loan, the existing percentage
  • Repayment methods via Salary Deduction or Bank Standing Order
  • Over the counter (OTC) members must have a timely record of monthly repayment amounts over a 12month period·

 

LOAN PACKAGES 

 

$1,000.00 – $6,000.00 maximum repayment period is 12 months
$6,001.00- $10,000.00 maximum repayment period is 18 months
$10,001.00- $15,000.00 maximum repayment period is 24 months
$15, 001.00 – $20,000.00 maximum repayment period is 36 months
$20,001.00 – $25,000.00 maximum repayment period is 42 months
$25,001.00 – $30,000.00 maximum repayment period is 48 months
$30,001.00 – $35,000.00 maximum payment period is 60 months