Wolverhampton Homes tenants take advantage of Credit Union

Published by Dee Lee for Wolverhampton Homes in Housing and also in Communities, Local Government

Wolverhampton Homes tenants are being urged to join Wolf Savings and Loans, the Wolverhampton Credit Union, and avoid the rip-off prices of doorstep lenders.

More than 1000 Wolverhampton Homes tenants are already members of the Wolf Credit Union, meaning they can access affordable loans and free financial advice.

But Wolverhampton Homes’ Money Smart Team are calling on more tenants to join up and take advantage of the credit union’s offers.

Wolf Savings and Loans offer small loans that are affordable and flexible meaning customers can avoid the extortionate interest rates charged by ‘Pay Day’ and doorstep lenders.

Heather Leary, Money Smart Manager, said: “Being Money Smart is about more than watching your pennies, it’s about understanding where you can get the best deals and not getting ripped off.

“We want our tenants to say no to the rip off loan sharks. If they do need to borrow money, Wolf Savings and Loans offers”

More than half (62%) of the credit union’s customers are from Wolverhampton Homes.

Wolverhampton Homes Money Smart Team is promoting the Wolf Credit Union to its tenants.

Credit unions are like community owned banks. Wolf Savings and Loans offers flexible loans, dividends on savings, no fees, and a facility to pay bills by standing order.

For more information visit www.wolfsavingsandloans.co.uk