Somerset credit union offers alternative to payday loans

Burnham and Highbridge Weekly News: Somerset credit union offers alternative to payday loans Somerset credit union offers alternative to payday loans

MEMBERSHIP of Somerset’s credit union is booming as the organisation fast becomes a strong alternative to payday loan companies and doorstep sellers.

That’s according to Somerset Savings and Loans president Don Davies, who says credit unions across the UK will attract ever-increasing numbers of customers.

He said: “We are celebrating our tenth anniversary this year and have established ourselves as a viable alternative to the payday and doorstep lenders who prey on the have-nots in our communities.”

The credit union will hold its annual meeting on Weston’s Grand Pier from 2pm on February 8. People can join online at www.somersetsavingsandloans.org.uk.

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