Don’t get into fes­tive debt

Lennox Herald - - NEWS -

The Vale of Leven Credit Union is a fi­nan­cial co­op­er­a­tive run by its mem­bers.

We have been serv­ing the lo­cal community for nearly 40 years, pro­vid­ing loans and sav­ings to nearly 5000 peo­ple.

We have over £4 mil­lion in adult sav­ings and nearly £1 mil­lion in ju­nior sav­ings.

We are a mem­bers-owned fi­nan­cial com­pany where ev­ery­one has a vote and can in­put into the busi­ness at the AGM.

Any profit at the end of the year is re­turned to the mem­bers via a div­i­dend on their sav­ings.

We of­fer a va­ri­ety of sav­ings ac­counts which are not pledged against loans. This al­lows mem­bers to save for Christ­mas, hol­i­days, car in­sur­ance or an­nual bills that they need to en­sure they have the cash to pay.

Mem­bers are al­ways sur­prised at how quickly their sav­ings grow and this gives peace of mind: if an emer­gency arises they have funds to cover it.

If the need to bor­row arises we of­fer af­ford­able loans at a low in­ter­est rate. Mem­bers can bor­row to pur­chase cars, carry out home im­prove­ments or take a well de­served hol­i­day.

Christ­mas is fast ap­proach­ing and the credit union would ask peo­ple who find them­selves short of cash to look at us be­fore us­ing com­pa­nies who will charge high rates of in­ter­est.

Let us help you make this a great Christ­mas with no un­due bur­den of debt into the next year.

Stay in con­trol Sav­ing can be sim­ple

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