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Credit unions...worth joining!

summerstreetallotments
Posts: 110 Forumite
...Just wanted to say that credit unions can be very helpful to people who need to borrow money from time to time...I've joined one and I pay in £5.00 a week...and then once I've done this for a few weeks (some times you have to wait 13 weeks)...I can borrow up to 3 times the amount that I've saved and only pay very small amounts of interest...it's good if you need money for Christmas because you tell them what you can pay back and can pay this over 2 years maximum...they also do low interest loans but you need to pass a full credit check to qualify....a lot of towns have these or it's possible to start your own....
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