Families in financial trouble can get help from new £300 loan scheme from credit union, CLEVR Money
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Costs for families can be high, particularly following the expenses of Christmas.
And now with jobs impacted due to the coronavirus pandemic and children at home rather than in school, there are more meals to provide and resources needed to keep them educated
Finances may become stretched to cover even some of the basic costs, which is why the local credit union, CLEVR Money, has launched the new Family Booster, a £300 loan to help
families get by.
The Family Booster is available to existing and new credit union members without a credit check and is repayable using their child benefit payment.
Because it is repaid using the child benefit payment, which is automatically linked to the loan, there’s less chance of a defaulting.
This regular repayment of a loan also helps members to improve their credit rating which would help if looking for a larger loan in the future.
The Family Booster is available to anyone with a child benefit payment, and is particularly useful for those people that can’t access affordable credit elsewhere.
High street bank loans and credit cards are not always available to everyone, which often pushes people to consider using payday or doorstep lenders with their sky high interest rates and
The credit union is here to provide an ethical alternative, with fair and affordable loans for people in our local community. Call (01253)478827 or visit clevr.money
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