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Credit Card Minimum Repayment

Only making the minimum repayment to your credit card each month can have a huge impact on the length of time it will take to clear your balance.

Did you know that it would take you 21 years and 7 months to repay a balance of £1,500 on a credit card with a typical interest rate of 17.9% if you were only to make the minimum payment every month?

The faster you repay the balance, the less interest you will pay.

Source: moneysavingexpert.com

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Latest News

Cosgrove-Care

Giving Glasgow Donation

24th August

We’re delighted to provide Cosgrove Care with an award of £500 through our charitable fund, Giving Glasgow. Established in Glasgow in 1960, Cosgrove Care work with children and adults with autism, learning disabilities, and additional needs. The funds received will used to help create a volunteering hub. During the pandemic, with the support of 200+ […]

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Big G Lottery Winner August

22nd August

Congratulations to Helen Walker who won the £5,000 jackpot prize in August’s Big G Lottery draw. Helen, a retired teacher with Glasgow City Council, has been a member of Glasgow Credit Union for over 20 years and was delighted on hearing of her jackpot win stating: “this is excellent, I feel really perked up!” Helen […]

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Big G Lottery Winner July

21st July

Congratulations to Mary McBride who won the £5,000 jackpot prize in July’s Big G Lottery draw. Mary, who has recently retired as a Home Carer, was shocked to find out the fantastic news that she was this month’s jackpot winner! Mary now plans to treat herself to a break with her winnings. If you haven’t […]

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