The service union that is public

Simple savings, sensible loans

Our There for your needs credit union service provides UNISON people usage 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 suffering excessive rates of interest charged by payday and other loan providers or just to locate an alternative that is ethical credit unions might provide simply the perfect solution is.

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

We know already how many users are employing pay day loans along with other high-interest loan items – usually getting caught in a trap of spiralling debt. UNISON is advertising credit unions as monetary and ethical co-operatives that will assist users in a safe and responsible method and market wellbeing that is financial.

The huge benefits for UNISON users

1. Saving with a credit union

Very little you need to open a savings account as £1 may be all. This may be a smart option whenever you can just manage to save yourself a small amount each week or once in a while. 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 could possibly offer loan products – including crisis loans – to users that do definitely not meet the requirements to borrow from traditional loan providers such as for example banking institutions and building communities, lots of which have tightened their lending requirements as a result of the market meltdown. Loans come without any charges that are hidden no charges for early payment.

Is really a credit union suitable for me personally?

Joining a credit union could be for you personally if you’re thinking about being section of a democratically-led organisation that:

How can a credit is joined by me union?

Some credit unions are derived from in which you reside or work yet others, such as for instance authorities credit unions, from the working task you are doing.

Head to our directory in order to find one that most readily useful you prefer. Then call us or, if you want, go through the url to get their web 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 built a community of credit unions within the UK where people and their loved ones can both conserve and remove low-value interest loans, quite often through payroll deductions


A directory of credit unions throughout the national nation, 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.

If you’re experiencing difficulty as a result of a change that is unexpected your position, such as for example a relationship breakdown or ill-health, maybe you are qualified to receive monetary help.