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Credit unions have a lower APR than payday loans

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You are currently viewing Credit unions have a lower APR than payday loans
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  • Reading time:1 mins read
  • Post category:Finance and money
  • Post published:January 10, 2015

While the payday loan lender has a representative APR of 1000%+, the credit union’s maximum APR is 42.6% – and usually no charge if you pay off the loan early.

Source: Credit Unions: Local community savings & loans @ MoneySavingExpert.com

Further help

  • Search @ Find Your Credit Union

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Tags: finance, money

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