South Manchester Credit Union expands into Central Manchester and Trafford

This local community credit union has delivered safe, affordable financial solutions to the people of South Manchester since first opening in the year 2000, and is growing strongly.

People who live or work in: M1; M2; M3; M4; M11; M17; M31; M32; M33; M41; WA13; WA14 and WA15 now have the opportunity to join and get their hands on secure, inclusive loans and saving accounts offered by South Manchester Credit Union.

This expansion represents the developing reach of South Manchester Credit Union and is further proof of the way local credit unions are pushing back the influence of high cost lenders.

Sheenagh Young, CEO of South Manchester Credit Union, said, “Our community credit union has been thriving in recent years. We want to offer more people nearby the opportunity to belong in our credit union for the long-term positive impact on their finances. We coach our members to build savings and we can also become a safe line of credit for financial peace of mind. Our values drive our friendly approach – we treat people as humans.”

Mike Connolly, Chair of South Manchester Credit Union, said, “We extend our welcome to the residents and workers of Trafford and Central Manchester. Come to us if you are tight for money. Look at our Google reviews; they speak for themselves.”

South Manchester Credit Union offers competitive loans with interest charged on the reducing balance. Its Welcome Loan of between £150 and £700, available to first-time borrowers joining the credit union, has an annual interest of 36% (42.6% APR) and helps people to save as they borrow. For those more expensive milestones, the Smart Loan of between £3,000 and £15,000, has an interest rate of 13.2% (14% APR).

To find out more about the support offered by your local community credit union, visit www.smcreditunion.co.uk

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