Current Interest Rates
The following interest rates apply to standard Rugby Credit Union loans from 1st January 2010:
|
Amount
of Loan
|
Interest
Rate per month
|
Equivalent
APR
|
|
Up to £500
|
2 %
|
26.82%
|
|
£501
- £2,000
|
1.5 %
|
19.56 %
|
|
£2,001
- £3,000
|
1 %
|
12.68 %
|
For an explanation of APR go to interest rates explained