KHT works in partnership with local Credit Unions
That’s the message from Knowsley Housing Trust (KHT) which is urging its customers not to turn to illegal lenders to deal with money problems.
“We want to get the message out there that there are other options available,” said KHT’s Executive Director of Resources Ian Parker.
“Loan sharks prey on people in vulnerable situations. Although it can seem like an easy option at the time, debts spiral out of control.
“People who fall behind with payments are often subjected to the threat of violence and can even be forced to turn to crime to help pay for the loan.”
KHT is advising customers to consider joining credit unions to get free advice on their finances.
Over 70 members of staff from KHT have agreed to sign up to the credit unions and are encouraging others to follow their lead.
Huyton-based Enterprise and Kirkby-based Knowsley Mutual are two credit unions that are open to anyone who lives and works in Knowsley.
“Credit unions offer great financial support with saving plans, current accounts and great value loans,” said Ian Parker.
“They give people the ability to gain control of their finances, get out of debt and escape high interest lenders.”
“I am prepared to put my money where my mouth is too, as I actually save with a local Credit Union, as they allow me to save easily, safely and securely.”
KHT has set up an advice line for customers wishing to know more about credit unions.
For more information call 0151 290 7477 for a private and confidential discussion.
