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Do the CWU do cheap loans??

Got a question for a CWU Rep? And all CWU related matters.
mclovin
Posts: 1106
Joined: 11 Feb 2009, 18:39
Gender: Male

Do the CWU do cheap loans??

Post by mclovin »

Need a couple of grand with a not too huge repayment.
Spartacus
Posts: 533
Joined: 23 Jun 2007, 16:41
Location: Wales

Re: Do the CWU do cheap loans??

Post by Spartacus »

mclovin wrote:Need a couple of grand with a not too huge repayment.
CWFS does loans, but you have to have a policy with them. http://www.cwfs.co.uk/" onclick="window.open(this.href);return false;

Don't think the union does loans itself, you often get preferential rates advertised in The Voice and such like.

Credit unions are also a decent option
Delivery

Resistance is fertile
Exrep
Posts: 1005
Joined: 02 Oct 2009, 21:01
Gender: Male

Re: Do the CWU do cheap loans??

Post by Exrep »

You can get a loan from the communcation friendly society not sure whether you still have to have a policy with them .

Ive got loans off them for years now very good rate i borrow a £1000 pay back £1060 and the deductions come straight out your wages.

Ring them for more info 02089717200
“Success is not final, failure is not fatal: it is the courage to continue that counts.”
TeeferTiger
EX ROYAL MAIL
Posts: 2783
Joined: 22 Dec 2008, 13:56
Gender: Female
Location: Welsh Wales

Re: Do the CWU do cheap loans??

Post by TeeferTiger »

CWFS you have to have held a policy with them for more than 12 months. Typical APR is 12.8%, borrow between £200 and £1500, repaid within 12 months.
Does this rag smell of chloroform to you?
smokerjim
Posts: 1921
Joined: 13 Jun 2007, 22:27
Gender: Male
Location: In a corner, thinking "I've picked a bad week to give up smoking..."

Re: Do the CWU do cheap loans??

Post by smokerjim »

mclovin wrote:Need a couple of grand with a not too huge repayment.
This is how I imagine it to be to ask for a loan from the Union itself ( not CWFS )

"Yep no bother to you brother.....now first question, are you a member of the Union? You are, excellent....right, ok, are you in good health and likely to be working for the entire length of this loan? Yes? Fantastic, you'll have this loan in no time......well, last question...., what's your grade or job title? OPG? Oh...oh dear, I'm sorry mate, we can't give you a loan, or anyone else on OPG or equivilent grade....only those in SW19 like Billy & Dave - I hope you can negotiate better with the bailiffs better than Dave can with RM" :wink:
I don't suppose your mouth bleeds every 28 days, does it?

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coxie
EX ROYAL MAIL
Posts: 1336
Joined: 09 Oct 2009, 14:57
Gender: Male

Re: Do the CWU do cheap loans??

Post by coxie »

if you speak to them directly and speak to 1 of the main men then they may let you take a loan out earlier than the 12 months you are supposed to have been with them for, i have known this to happen