Post Of­fice link-up could plug credit gap

The Peterborough Evening Telegraph - - Uk&world Update -

A CON­SUMER group has called for credit union ser­vices to be of­fered through Post Of­fices to pro­vide a long-term al­ter­na­tive to High Street banks, es­pe­cially for peo­ple on low in­comes. Con­sumer Fo­cus said one in three peo­ple would be in­ter­ested in join­ing a credit union, but most did not think there was one nearby. The move would help plug a “credit gap” for low in­come con­sumers who turn to high in­ter­est, short-term loans, such as pay­day loans, as they can­not ac­cess af­ford­able credit through banks, it was ar­gued. ICE AND EASY: Squir­rel Mon­keys at Chessington World of Ad­ven­tures Re­sort are given iced treats to help cool down in the May sun­shine

Newspapers in English

Newspapers from UK

© PressReader. All rights reserved.