Did you know? In the UK 1 in 4 workers lose sleep worrying about their finances with average household debts (excluding mortgages) now reaching £12,887.*
To help members of the Armed Forces take back control of their finances for 2018, we have launched a Debt Consolidation New Year Loan. We want to encourage our members to see if they can save money, by paying off any existing debt into one affordable monthly repayment straight from their pay.
We will even reduce one lucky members debt by £2,018!
All loans that are approved before 30th April 2018 over the value of £7,500, will be entered into a draw for the chance to reduce their debt by £2,018.
The winner will be chosen by random selection and we will pay £2,018 off their Plane Saver loan.
Summary
- Debt Consolidation Loans of up to £15,000
- Repayments straight from your Armed Forces pay.
- From as little as 3.4% APR to a maximum of 26.8% APR
- No early repayment penalties
- Free life cover*
- Free accident and sickness cover*
Representative Example
Loan-repayment illustration
- £5,000
- 7% APR (representative)
- 60 months
- Repayments monthly = £111.23
- Interest charged = £1,673.17
