The service union that is public

Simple savings, sensible loans

Our There for your needs credit union solution provides UNISON people use of low-interest loans and a variety 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 experiencing excessive rates of interest charged by payday as well as other lenders or simply just hunting for an alternative that is ethical credit unions might provide simply the solution.

UNISON has generated a community of credit unions since the UK where users and their loved ones can both conserve and sign up for loans that are low-interest in many instances, through payroll deductions.

We already fully know exactly how many members are utilising pay day loans as well as other high-interest loan items – frequently getting caught in a trap of spiralling financial obligation. UNISON is marketing credit unions as economic and ethical co-operatives that will aid users in a safe and accountable method and market wellbeing that is financial.

The huge benefits for UNISON members

1. preserving having a credit union

Very little as ВЈ1 can be all you have to start a checking account. This might be a smart option if you’re able to just manage to save your self an amount that is small week or from time to time. Along with your reward for preserving will likely to be you have saved that you receive a dividend each year – often in the region of 2-3% of the amount.

2. Borrowing from the credit union

Our credit union lovers can provide loan items – including crisis loans – to users that do definitely not meet the requirements to borrow from traditional loan providers such as for instance banking institutions and building communities, a lot of which have actually tightened their financing requirements as a result of the market meltdown. Loans come with no charges that are hidden no charges for very very early payment.

Is really a credit union suitable for me personally?

Joining a credit union might be you are interested in being part of a democratically-led organisation that for you if:

• is actually for individuals and never for revenue;
• acts its people most importantly;
• interests anybody planning to support their community that is local and;
• is devoted to helping its people boost their financial predicament;
• provides fairly-priced loans including to people with imperfect, limited or no credit score;
• offers a wider array of cost cost savings and loan services and products than a great many other loan providers;
• knows the differing banking needs that mirror an array of income teams;
• is accordingly managed – so is a safe location to save yourself.

Just how do a credit is joined by me union?

Some credit unions derive from for which you reside or work among others, such as for instance authorities credit unions, in the work you will do.

Head to our directory in order to find the one which most readily useful you prefer. Then call us or, if you like, 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.

About credit unions

UNISON has generated a community of credit unions within the UK where members and their loved ones can both save yourself and sign up for low interest rate loans, most of the time through payroll deductions

Directory

A directory of credit unions over the national country, organised by area

Credit union enquiry kind

Make an enquiry about credit unions making use of our online type

With debt or difficulty that is financial?

Before taking on any additional debt if you’re finding it difficult to repay existing debt, contact UNISON Debtline for advice on managing it.

Call UNISON Debtline Freephone 0800 389 3302.

Available twenty four hours a day, 1 week a week.

If you’re experiencing difficulty because of a unforeseen improvement in your position, such as for example a relationship breakdown or ill-health, you might be qualified to receive economic help.

Available between 9am – 5pm to Friday monday