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SurreySave Credit Union

SurreySave Credit Union

Address
49 Dartmouth Avenue, Sheerwater, Woking, Surrey, GU21 5PE
Telephone
0844 4060984 (from November)
Email
Web site
http://www.surreysave.co.uk
http://www.windowonwoking.org.uk/sites/surreysave
Type of organisation
Neighbourhood
Description

SurreySave is a not-for-profit financial co-operative, owned and run by its customers, who become members. Credit unions offer a safe and convenient way to save money and provide loans at fair rates of interest.

Since the credit crunch many people canīt get a loan. Some loan companies charge 300% APR and people arenīt saving enough. Weīll bridge this gap but borrowers will be obliged to save as a condition of their loan; providing a financial safety net and reducing future borrowing needs.