How credit unions work, who can join, the legal cap on credit union interest in Great Britain, and how a credit union loan compares with a payday loan.
Category: Alternatives
Cheaper ways to cover a short-term gap.
Borrowing From Family or Friends: How to Keep It Clear and Fair
How to borrow from family or friends without harming the relationship: agree the amount, write it down, set a repayment plan and know when to say no.
Alternatives to Payday Loans: What to Consider First
Cheaper options to check before a payday loan: credit unions, overdrafts, Budgeting Advances, council support, help from lenders and free debt advice.