Liberal Democrat Vince Cable used a visit to a Stockport credit union to back the Archbishop of Canterbury’s plans to put payday lenders, such as Wonga, out of business through the use of Credit Unions.
Cable said “There is a big opportunity for Credit Unions to grow and support their local communities and their local businesses, too. It has been good to come and see at first-hand how Stockport Credit Union has developed so far, and I certainly wish it well in its plans for expanding its work.”
Lisa Smart, a volunteer at Stockport Credit Union, said “Volunteering at the credit union is great fun and worthwhile too. Giving people access to savings and low-cost loans across Stockport says very clearly “Loan sharks are not welcome here!”
Click here for a link to the Stockport Credit Union or you can ring them on 0161 430 5808 or email them at mail@stockportcu.com.
