Just wondering if anyone here uses (saves to or loans from) a local Credit Union?
From what I’ve been reading I see no good reason not to open an account and put some money in there every month. Would seem there’s almost no risk as your cash is protected just it would be in a highstreet bank.
They’re useful to anyone who needs to take out a short term ‘pay-day’ type loan, as they’re not allowed to charge more than 25% APR.
