A Covered Loan allows a member to borrow funds up to the value of their shares. The shares are held as security against the loan. Covered loans offer a preferential rate of lending and a great way of protecting your savings.
A Covered Loan allows a member to borrow funds up to the value of their shares. The shares are held as security against the loan. Covered loans offer a preferential rate of lending and a great way of protecting your savings.