July 12, 2011 by sdcvsdevelopment
MCF Loans is a community development financial institution (CDFI) that has been operating in the Midlands since 2002.??We are an independent, not-for-profit business that exists to provide credit to people.? MCF Loans is a community business with a social purpose managed by local people.? It aims to deliver social change by providing credit to financially excluded businesses and individuals.??We are passionate about helping people to gain confidence and educate them on how to manage their finances effectively.??We can direct businesses and individuals to organisations that also provide debt advice, benefit advice, access to savings accounts and grants for utility bills.
We also offer a personal loans service for amounts between ?300 and ?1000 which is considerbaly cheaper than other commercial operators. Loans are offered on a 6 monthly or yearly repayment term at an APR of 40%. The example below shows what can be saved in comparison to Provident on a ?500 loan, repaid over 1 year at a weekly rate:
?????????????????????????????????????????????? MCF???????????????????????????????????? Provident
Amount????????????????????????????? ?500??????????????????????????????????? ?500
Weekly Repayment?????? ?11.55???????????????????????????????? ?21.65
Total repaid???????????????????? ?600.60????????????????????????????? ?1,125.80
Interest paid?????????????????? ?100.60????????????????????????????? ?625.80
We have local offices in Derby, Swadlincote and Burton-0n-Trent so for more?information and to book an appointment please contact:
Telephone:? 01332 365550
E-mail:?????????? info@derbyloans.co.uk
www.mcfloans.co.uk
Be the first to like this post.
Source: http://sdcvs.wordpress.com/2011/07/12/mcf-midlands-community-finance-loans/
etsy ohio state josh hamilton www.nasa.gov ohio state football cape canaveral cape canaveral
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.