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MCCU Loan Packages
Manchester Co-operative Credit Union (1977) Limited offers loans for a variety of purposes including mortgage, education and motor vehicle related loans.
Loans
Need a Loan? Here are the Requirements- Click Here
Visit the Loan Packages section to learn about our mortgage and education related loans.
Please click on this link to visit the Loans Packages area
Motor Vehicle Loans
Motor vehicle loans may be secured by the motor vehicle themselves additionally, motor vehicles may be accepted as
security for loans regardless of the purpose. The table below outlines the requirements.
|
Age of Vehicle |
Maximum Term |
Minimum Share Requirement* |
|---|---|---|
|
7 years |
minimum of 5% of loan amount |
|
|
6 years |
minimum of 15% of loan amount |
|
|
5 years |
minimum of 20% of loan amount |
|
|
4 years |
minimum of 25% of loan amount |
|
|
3 years |
minimum of 30% of loan amount |
0-2 years*Conditions Apply