
The Police Credit Union representative, Sergeant Shellon Azore, briefly explained how ranks can be eligible to borrow from the credit union. She explained that loans can be approved for the purposes of medical, funeral, domestic, education, motor vehicle, housing, house appliances, legal expenses, and firearms. She further explained to the ranks how they can borrow in excess of three times their ordinary savings at a 1 per cent charge on the monthly reduced balance of the loan. Approvals are guaranteed within days of applying. The ranks were also urged to update all relevant information to the Credit Union as soon as practicable.