Why join a credit union

Why join a credit union?

Why join a credit union?

The question should really be – Why would you not join a credit union?

You can save and borrow with the credit union for any number of reasons – a treat for you and your family, a new car, holiday, wedding and even houses!

What’s more, when you borrow or save with a credit union, you are ensuring that your money benefits the community.

Credit unions are more adaptable now than they have ever been; you can access your account online, apply for a loan and even set up direct debits/standing orders.

Testimonial

Testimonial

“I joined my first credit union in 2012 as I wanted to try and save but could never seem to do it; now I put money away each month and it has fair built up. My savings have allowed me to go on holiday, maintain my car and means I’m never short when it comes to Christmas and birthdays. When I first joined the credit union I had an outstanding loan with Provident (for university) and could never seem to pay it off; I got a cheap loan from the credit union which I used to pay off the Provident loan and clear my feet.”

Renfrewshire-Wide Credit Union

Testimonial

Testimonial

“My gran introduced me to the credit union; I had just moved in to a new flat and was about to start studying at college. I decided to start saving in the August and put a small amount away every month until my first year of college was finished for the summer. Students don’t have access to student funding over the summer, so in order to help with my rent and bills, I was able to apply for my first loan with the credit union. If it wasn’t for the credit union I wouldn’t have been able to finish my studies.”

Renfrewshire-Wide Credit Union

Benefits of joining a credit union

Benefits of joining a credit union

  • Ethical affordable finance
  • Low interest loans compared to payday lenders and many high street banks
  • Loans are accessible to all – having a bad credit score won’t necessarily stop you from accessing affordable credit
  • Credit unions are run by members, so if they don’t like something they have the power to change it
  • Helping others in the community!