Credit Union

The Coastal Credit Union had their launch today.

It's open every Tues 10.30 to 12.30 in the Old Stables.

I'm already a member and dropped in to show them some support. Eventually, they hope to be able to open at other times as well.

If you'd like to know more about Credit Unions then

http://www.abcul.org/page/index.cfm

Although Mike reports that it's a "small savings and loans scheme." They lend up to, I think, £7K and you can save as much as you like.

They lent to me when the banks wouldn't touch me - pre credit crunch!

Now my credit score has risen I checked with my bank to see if it would be cheaper to repay my current loan by borrowing from them. He looked at my agreement, shook his head, and said stay with them, they're a lot cheaper than us.



Posted by Anonymous to swanageview at 6:24 PM