logoHillingdon Credit Union
Common Sense
with money

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Credit Union Office
CR1, Civic Centre, High Street, Uxbridge, Middx, UB8 1UW

t: 01895 250958
e: info@hillingdoncu.co.uk
f: 01895 250951

Affordability & Credit Checks

Affordability & Credit Checks

Affordability

As a responsible lender we aim to ensure you have sufficient resources to meet all your commitments including your loan payments.  Use the loan calculator to see what the monthly payments would be for the amount you wish to borrow.Remember to add on to the monthly repayment the minimum savings required. This is £10 per month for loans below £1,000 and £20 for loans above £1,000. 

Alternatively, if you know how much you can afford each month use the calculator to work out how much you could borrow given a fixed monthly payment and a fixed term.

As part of our assessment process we may use credit reference and fraud prevention agencies to help us make decisions. A short guide to what we do and how both we and credit reference and fraud prevention agencies will use your information is detailed in the leaflet below called: A condensed guide to the use of your personal information by ourselves and at Credit Reference and Fraud Prevention Agencies. If you would like to read the full details of how your data may be used please click the link Data Protection Guide. 

As all loans with Hillingdon Credit Union are reported to a Credit Agency, each monthly loan repayment helps enhance your Credit Score as we report all repayments made. Given this it is important to ensure all your repayments are made on time.

Condensed Guide

Data Protection Guide

 

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Directors Area