Credit Unions can save you money!

When looking to borrow money, but can't afford the high interest rates that the 'doorstep lenders' charge, then Credit Unions are here to give you a fairer deal.

It may seem you have no other choice than to go to a doorstep lender.  But you DO have an alternative - Credit Unions.
These are non-profit local banks that are owned by their members.  So, if you live or work in the area where a Credit Union is trading you can get low cost loans and make substantial savings.

Take a look at the example below to see the difference a Credit Union loan could mean to you:



You would save £222.67 if you used a Credit Union rather than Provident Credit.

What about any high cost loans you already have?

Housing Associations, Credit Unions, Citizens Advice Bureau (CAB) and local councils are working together to create a Debt Rescue and Financial Advice Service.

This service has been set-up to help you make the most of your money and preventing some of those expensive mistakes you may have made in the past.  This service will work on a priority basis and will practice a slightly tougher criteria than a Credit Union.