- Warwick Credit Union is comitted to responsible lending practices and to working for the financial improvement of our members. As part of our commitment to members within the Mutual Banking Code of Conduct:
We will always act as a responsible lender. - We will base our lending decision, including decisions to extend existing credit facilities on a careful and prudent assessment of your financial position. We will periodically review our credit assessment procedures and criteria for the products we sell.
- We will generally only lend amounts to you that we believe on the information available to us you can resaonably afford to repay. However different criteria will appy in the case of some products such as bridging and seasonal finance.
- We expect you to provide honest and accurate information to us when applying for a loan or extension of a credit facility. Where it is prudent to do so, we will undertake our own independent checks.
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