Loan Calculator
Compare the cost of a loan from Durham County credit union
Here is a loan calculator which can give you an example of how much a Loyalty loan from Durham County credit union could cost, compared to borrowing the same amount from a doorstep lender. Contact us for an accurate quote, based on your own personal circumstances.
'Doorstep lender' is a general name for a loan company which sends an agent to your home each week to collect loan repayments. In this example, the rate of interest is set at a typical rate of 272% APR, but it could be higher for new customers.
Just click on the blue button and move it from left to right to select the loan amount and the number of weeks and see how much you could save by borrowing from Durham County.
How much would you like to borrow?
| £100 |
|
£500 | £100 |
Over how many weeks?
| 26 |
|
52 | 26 |
£100.00 + £CALC Interest = A weekly payment of |
£CALC |
Total cost of borrowing this amount from a credit union |
£CALC |
Borrowing this amount from a doorstep lender could cost you |
£CALC |
The example given is for illustration purposes only, based on typical APR of 12.68%133.1.
