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Tel: 020 7561 1786 (Multilingual advisors available)  •  Fax: 020 7272 8192  •  Email: info@credit-union.coop

Wed 16-Aug-2017
NewsWorking with faith groups
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27 July 2015
Working with faith groups

Over the last 12 months, London Capital Credit Union has been working with a number of churches in north London.

The Archbishop of Canterbury has been publicly critical of the role of payday loans in pushing people into problem debt and in 2014 he established a Task Group on Responsible Credit and Savings, to look at ways of encouraging saving and providing alternative, more ethical, sources of credit.

Unsurprisingly, credit unions feature as one of the best alternatives and so, over the last year or so, we have worked with a number of churches across North London to establish a Church Credit Champions Network. The Network promotes saving as an alternative to borrowing, and raises awareness of the role of the credit union in providing low cost loans in times of need.


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