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  • Credit unions can offer more affordable finance options for borrowers
Credit unions can offer more affordable finance options for borrowers

19 June 2023

Credit unions can offer more affordable finance options for borrowers

Young borrowers are said to be more likely to turn to high-cost pay-day loans than community lenders as 7.7 million under 35-year-olds are financially vulnerable

  • Some 19% of 25-34 year-olds said they would turn to high-cost credit if needed 
  • Credit unions can offer more affordable finance options for borrowers
  • Estimated 17.6 million UK adults are financially vulnerable, but 1 in 6 say they would be too embarrassed to seek support if they were in financial difficulty

Click link to read more Young Borrowers urged to consider Credit Union Loans

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Credit unions can offer more affordable finance options for borrowers

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Grampian Credit Union

Address:
250 Union Street, Aberdeen, Scotland, AB10 1TN
Tel:
01224 561506
Email:
admin@grampiancreditunion.co.uk
Web:
https://grampiancreditunion.co.uk
Latitude:
57.14428868149688
Longitude:
-2.1077932426851542
We're Open:
Monday 10:00 - 16:00
Tuesday 10:00 - 16:00
Wednesday 10:00 - 16:00
Thursday 10:00 - 16:00
Friday 10:00 - 16:00

Grampian Credit Union Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (FRN 213701)

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