Innovative Credit Union partnership helps residents take control
A new financial service providing an innovative range of products to tenants across North East Lincolnshire has been launched through a new partnership between Shoreline Housing Partnership and Leeds City Credit Union.
Providing straightforward, affordable financial services including bill paying, budgeting and saving accounts as well as low cost loans with fairer rates of interest, the dedicated service will help Shoreline tenants manage their money.
The range of financial products are aimed at those who would otherwise find themselves excluded, providing a professional and accessible alternative to high street banks.
Shoreline chief executive Tony Bramley said: “Welfare reform and the current economic climate are having an impact on many local people. We’re looking forward to working with Leeds City Credit Union to alleviate some of the problems experienced by our tenants in accessing legitimate, low cost financial services.
“Tenants will be able to take better control and management of their money, be it budgeting, paying bills, saving or accessing low cost loans.