Bristol Credit union are e are supporting people in the Twerton & Whiteway in the run up to Christmas.
They are raising awareness of the dangers of borrowing from loan sharks. Christmas is a time when many people in Bath and the local area may turn to well-known high interest lenders or to loan sharks, to cover the cost.
To raise awareness of the safer alternatives to high-cost credit, Bristol Credit Union have teamed up with the England Illegal Money Lending Team (IMLT) on a new scheme that uses money confiscated from convicted loan sharks as an incentive to encourage people in our area to join their credit union.
There are 65 members Twerton ward, and so far across Bath and the local area this year have saved a huge £48,889 in interest for 100 borrowers from Bristol Credit Union – that’s £168.71 for every borrower back in their pocket to spend locally.
Lets start a saving habit and keep more money in our local communities.
Also, if you become aware of anyone who may have borrowed money from an illegal lender, do encourage them to call the Stop Loan Sharks Team in confidence on 0300 555 2222, for advice and support.
To Contact Bristol Credit Union then please follow this link Bristol Credit union
