MUIR TRUSTS WCCU FOR A LOW-COST LOAN – DON’T GET BITTEN BY LOAN SHARKS OR HIGH-INTEREST LOANS!
IF MONEY'S getting tighter, Muir knows a trusted Credit Union who can help.
A special agreement with West Cheshire Credit Union, means all Muir residents can make use of it to obtain a low-cost loan, no matter where they live – including if you have poor credit history.
This also means you won’t have to borrow money from loan sharks who can demand huge interest rates and leave you living in fear – meaning your quick fix soon turns into a nightmare.
Alternatively, high-interest loan providers could leave you with repayments you can’t afford – meaning you could fall deeper into debt.
Muir recommends WCCU to Muir residents needing a loan of up to £650 to help them through a difficult period.
“We would never advise Muir residents to use loan sharks or high-interest loan providers,” Sophie Powter, Muir Tenancy Sustainment Officer (pictured) said.
“WCCU have been our trusted partner since 2018 to help residents through difficult times.
“Whether you’re a Muir resident in Burnley, Cambridgeshire, Blackpool, Warrington, Winsford, Chester, or anywhere else – you can use their service.”
WCCU offers loan and savings options at an affordable interest rate with no hidden fees.
It is a not-for-profit financial cooperative which is regulated by the Financial Conduct Authority.
Example:
With WCCU, a loan of £650 repayable over 52 weeks would mean paying back £15.50 per week at an interest rate of 42.6%.
This means you would pay back £798.48.
As opposed to a high-interest provider:
According to satsumaloans.co.uk (May 2021) – a £650 loan with Satsuma would mean 52 weekly repayments of £24.88.
This would mean repaying a total of £1,293.76
Alternatively:
A £650 loan from a loan shark would result in... who knows! But it could cost an arm and a leg!
More about the loans and savings services WCCU offer can be found here: https://wccu.co.uk/
You can call them on 01244 399006 or email info@wccu.co.uk
To speak with one of Muir’s Tenancy Sustainment Officers, call 0300 123 1222, or learn more about the tenancy support they can provide by clicking here: www.muir.org.uk/tenancy-support