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Somerset credit union offers alternative to payday loans
MEMBERSHIP of Somerset’s credit union is booming as the organisation fast becomes a strong alternative to payday loan companies and doorstep sellers.
That’s according to Somerset Savings and Loans president Don Davies, who says credit unions across the UK will attract ever-increasing numbers of customers.
He said: “We are celebrating our tenth anniversary this year and have established ourselves as a viable alternative to the payday and doorstep lenders who prey on the have-nots in our communities.”
The credit union will hold its annual meeting on Weston’s Grand Pier from 2pm on February 8. People can join online at www.somersetsavingsandloans.org.uk.
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