Radio Taxis Credit Union provides loans at favourable rates for any purpose including meeting your tax bill, cab overhaul or even a holiday. Any driver of member of staff at Mountview House Group or its subsidiaries is eligible; partners and children over 18 and living at the same address as their parents are also eligible.
Members can save regularly by having an amount deducted from their payments or salary; this amount can be varied at any time.
Loans are available to members after a qualifying period of 3 months; the maximum amount that can be borrowed is based on a multiple of your savings to date. Interest is charged at 1% per month on the reducing balance (12.68% APR).
All savings and loans are protected by free life insurance, in the event of your death all outstanding loans are automatically paid off, and your named beneficiary received up to double the amount of your total savings.
For further information contact Maria Collu or Selam Haile by telephone on 020 7561 5131 or email firstname.lastname@example.org.
Radio Taxicabs (London) Credit Union Limited is authorised and regulated by the Financial Services Authority, and is registered under the Credit Union Act 1979 No90c.