Simple savings, sensible loans
Our There for You credit union solution provides UNISON users usage of low-interest loans and a selection of cost cost savings services and products through our network that is UK of credit unions. Whether you’re dissatisfied with present banking plans, are suffering excessive interest levels charged by payday as well as other loan providers or just shopping for an alternative that is ethical credit unions might provide simply the solution.
UNISON has built a community of credit unions since the UK where people and their own families can both save yourself and sign up for loans that are low-interest in many instances, through payroll deductions.
We know already just just how many users are employing pay day loans along with other loan that is high-interest – frequently getting caught in a trap of spiralling financial obligation. UNISON is advertising credit unions as monetary and ethical co-operatives that will assist users in a safe and accountable method and market wellbeing that is financial.
The huge benefits for UNISON users
1. preserving with a credit union
Very little as £1 might be everything you need to start a checking account. This might be a smart option whenever you can just manage to conserve an amount payday loans in Maryland that is small week or once in a while. As well as your reward for preserving may be you have saved that you receive a dividend each year – often in the region of 2-3% of the amount.
2. Borrowing from a credit union
Our credit union lovers could offer loan items – including crisis loans – to users that do definitely not meet the requirements to borrow from high-street loan providers such as for example banking institutions and building communities, some of which have actually tightened their financing requirements because of the market meltdown. Loans come without any concealed fees and no charges for very very early payment.
Is just a credit union suitable for me?
Joining a credit union might be for your needs if you should be enthusiastic about being element of a democratically-led organisation that:
- is for individuals rather than for revenue;
- serves its users first off;
- interests anybody planning to help their community that is local and;
- is devoted to assisting its people boost their financial predicament;
- provides fairly-priced loans including to people with imperfect, limited or no credit rating;
- provides a wider array of cost cost cost savings and loan services and products than a great many other lenders;
- knows the differing banking needs that mirror an array of income teams;
- is accordingly controlled – so is a place that is safe save your self.
How can we join a credit union?
Some credit unions depend on where you reside or work among others, such as for instance authorities credit unions, regarding the working work you are doing.
Go to our directory in order to find the one which most readily useful fits you. Then call us or, if you want, go through the url to get their site. You are a UNISON member and quote reference T4Y if you are contacting a credit union directly, please say.
Discover more
For lots more information read our questions that are common.
For lots more information on this product range each credit union provides see our directory.
Alternatively, call us and we’ll be pleased to answer any concerns you will probably have.
Our There for your needs credit union solution provides UNISON people use of low-interest loans and a variety of cost cost savings items through our network that is UK of credit unions
With debt or monetary trouble?
If you’re finding it hard to repay current financial obligation, contact UNISON Debtline for suggestions about managing it before you take in any extra financial obligation.
If you’re experiencing difficulty as a result of a change that is unexpected your needs, such as for instance a relationship breakdown or ill-health, maybe you are qualified to receive economic help.