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With an immediate decision on all loan applications guaranteed, you might soon be celebrating a boost to your Christmas finances!

This week the Pentecostal Credit Union announced the launch of its first ever Christmas Loan Fund.

A significant fund of money has been set aside for current and new members to help fund the extra costs of Christmas.

So if the thought of paying for this year’s festive season is already taking its toll on your stress levels, as well as your wallet, then the Pentecostal Credit Union’s Christmas Loan fund should ease the strain. The PCU also guarantee an immediate decision on any loan application.

Existing members can borrow up to £3,000 at a competitive discounted interest rate of 9.5% APR. New members may pay slightly more. Repayments will be spread over 10 months to ensure the loan is cleared before next Christmas.

Better still, if members choose to pay the loan off quicker, not only will they can reduce the interest payable, there are no penalties for early repayment of lump sum deposits. The Pentecostal Credit Union will even defer the first repayment until the 31st January 2015.

We all know the cost of Christmas can very soon add up, especially in the rush to buy those last minute presents. The PCU Christmas Loan Fund is therefore a great way to ease the burden on your bank balance!

However, this offer is open from the 1st December 2014 and closes at 3pm on 23rd December 2014. So get in touch, today, as applications to this Christmas Loan Fund are on a first come first served basis.

With an immediate decision on all loan applications guaranteed, you might soon be celebrating a boost to your Christmas finances!

For more information please visit www.pccuk.com, telephone 020 8673 2542 or email info@pccuk.com

Key Features of the Pentecostal Credit Union Christmas Loan Fund:

• Loans are available up to £3,000
• At a rate of APR 9.5% for most existing members
• Maximum term of 10 months allowing you to clear your loan before next Christmas
• No penalties for early repayment or lump sum deposits
• All applications to this Christmas Loan Fund are on a first come first served basis.
• We guarantee an immediate decision on all applications

Ends

Notes for Editors

1. The PCU was formed in 1980
2. The PCU has more than 1500 members
3. The PCU is one of the 10 largest Credit Unions in the UK
4. The PCU Loan Book is £4.7 million
5. The PCU has Assets of £10 million
6. The PCU is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority

Press Release Contacts
Hugh Boatswain – (Interim) Chief Executive Officer
Tel: 020 8673 2542
Email: hugh.boatswain@pcuuk.com

Shane Bowes - General Manager
Tel: 020 8673 2542
Email: shane.bowes@pcuuk.com

Pentecostal Credit Union
www.pcuuk.com

This press release was distributed by ResponseSource Press Release Wire on behalf of The Pentecostal Credit Union in the following categories: Personal Finance, Business & Finance, Public Sector, Third Sector & Legal, for more information visit http://pressreleasewire.responsesource.com/about.