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Home Forums Annual General Meeting 2021 Q&A Interest Rate

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    Q: Is there going to be a decrease to loan interest to allow VCU to be more competitive to the banks and also more attractive for Members?

    A: We review our rates periodically after market surveys on all financial institutions in our competitive space. We also factor in all the additional benefits from borrowing from us that are a benefit to our Members e.g. loan interest rebates, option for fixed rates, no stamp duty etc.

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