28 June 2014
EdenSave Credit Union launches Back to School Loan Campaign
EdenSave Credit Union have announced a new summer initiative to help parents worried about the costs incurred at this time of year.
The Credit Union is aware that, at this time of year, parents have to stretch the household budget even further to meet the cost of:
- A new school uniform
- A new computer
- Sports equipment
- Musical instruments
- Major School Outings
This comes on the back of finding additional money during the school holidays.
Many parents find it difficult to obtain funds from High Street Banks and other traditional lenders. Some face having to resort to Payday lenders or other Internet lenders despite the large rates of interest they charge. The Credit Union’s Back to School Immediate Loan offers a competitively priced alternative.
Since the launch of the Credit Union last October we have helped many families with our simple to understand Immediate Loan. Using this loan to fund back to school costs is yet one more way we can help by spreading the back to school costs over a number of months.
Our loans are available to all people who live or work in the Eden District not just those who struggle to find finance.