Loan Interest Rates The MoneyWise Board have agreed to changes to the loan policy regarding interest rate charges. With effect from 1st November 08 loan rates for new borrowing will be charged at: up to £300 - 2% per month (APR 26.8%), £301 - £1000- 1.5% per month (APR 19.56%), £1001 - £3000 - 1% per month (APR 12.68%), £3000 - £6000 - 0.8% per month (APR 10.3%). Rates provided are still among the cheapest rates for unsecured lending in the area compared with high street lenders. For an example of the cost of credit have a look at our loan calculator

Extra prize created in the lottery As of April 08, MoneyWise has increased the chances of winning a prize in the lottery by increasing the third prize to £25 and adding a 4th £10 prize. Why not try the lottery now

Loan Calculator MoneyWise will be launching its loan calculator onto the website in September 07. Watch here for more news

MoneyWise Raffle Thank you for supporting the World Scout Jamboree. A list of prize winners is available in our Resources section under Documents section. To claim your prize please contact the Head Office on 0191 276 7963

Annual General Meeting MoneyWise will hold its Annual General Meeting on Wednesday 7th March 07 at Byker Community Fire Station from 12:30pm. All members are invited to attend. Resolutions and nominations for Directors for the meeting should be with the Secretary by 1st March 2007

Moneywise launch new website Moneywise have launched a new website www.moneywise.org.uk. Please let us know if there is any information/resources you would like available via our contact us page. General feedback is also gratefully appreciated.