Since its launch in April 2020, we are pleased to announce that our Child Benefit Loan top-up scheme has been a huge success, in particular with parents in Stevenage, who are taking full advantage of this great innovation.
Just three months after you take your Child Benefit Loan, you can top up your loan by a further £250 and after another three months a further £250 top up.
Our regular top-up is just another reason to refer your friends and earn the £50 referral bonus. You can find out more about the referral scheme here.
From April 2020, Child Benefit Borrowers will be able to top up their loan by £250 after three months and after a further three months, a further £250. Commitment to savings will remain and as usual, savings may not be withdrawn while you have an outstanding loan.
The strength of the communities that we live in relies heavily on the members’ ability that live there to access finances when unexpected disasters arise.
This is sometimes referred to as resilience or the ability to recover quickly.
Members of Hertsavers, when faced with a financial challenge, are more likely to be able to access money from their savings or by taking a credit union loan than those people who are living in an area with no access to affordable credit.
The more people that join the credit union, the bigger we get and the better the service that we can provide for our members. So, don’t be shy, tell your friends about Hertsavers and let’s make it grow as our community does.
Our Annual General Meeting takes place on Thursday, 19 March 2020 at 6.30 pm for refreshments with a 7 pm start. All members and supporters of the Hertsavers Credit Union are welcome to attend. It takes places at Oxlease House, Travellers Lane, Hatfield, AL10 8SG. There is free parking available at the leisure centre next door.
The Minutes of the AGM 2019 will be available soon.
Nominations for membership as a Board of Director:
If any member wishes to nominate another member for membership of the Board of Directors, nomination forms can be requested from Credit Union Solutions at firstname.lastname@example.org. Before proposing someone please ensure they wish to be nominated and are willing to undertake the duties and responsibilities of being a Director of Hertsavers Credit Union, this includes approval by the Financial Conduct Authority and the Prudential Regulation Authority.
Just Borrow – a quick loan service
25th January 2020
Just Borrow is our unique loan app which provides a much better member experience than any other loan app. Furthermore the interest rates are much less and the speed of processing is way quicker.
Only credit union members are able to use Just Borrow and our interest rates are much better than those from the competition because we are a not-for-profit community finance lender.
If you want to borrow up to £750 and would like to repay it over up to 9 months, this is the loan for you. It’s quick and the least expensive loan app, which is what you want.