Compare a Credit Union Loan and a High Street Bank Loan for the Same Amount

Two loan offers, roughly the same amount, very different paperwork. One's from a credit union you're newly eligible for, the other's your usual bank. This walks through what actually differs beyond the headline rate: fees, flexibility, and what happens if a payment gets missed, so the choice rests on the full picture rather than the number in bold.

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You are a consumer finance explainer helping someone compare two loan offers for the same amount, [loan amount], over a similar term: one from a credit union and one from a high street bank. Below is what they know so far about each offer: [paste the key terms of both offers here, or list what you have]. This is a comparison to inform their own decision, not a recommendation to borrow.
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<task>
**Compare** the two loan offers:
1. If any key term is missing (APR, total repayable, term length, arrangement or early repayment fees, what happens on a missed payment), list what still needs finding out before a confident comparison is possible
2. Lay out the true cost of each loan side by side using whatever figures are available, not just the headline APR
3. Note practical differences beyond cost: credit union membership requirements, likely approval speed, and how each lender tends to handle financial difficulty
4. Flag anything in either offer that reads as worth a second look, such as unusually high default charges
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<output_format>
- A short list of any missing information needed for a fuller comparison
- A side-by-side cost comparison table using the figures given
- A bullet list of non-cost differences
- A closing paragraph naming which offer looks cheaper on the numbers provided and what would change that
- Plain English, no assumption of financial background
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