What's happening in Beeston, Belle Isle, Cottingley, Holbeck, Hunslet, Middleton and Stourton
Leeds Credit Union (LCU) has launched its largest-ever Christmas loan campaign, aiming to save local residents £20 million in interest charges this festive season. The not-for-profit lender is encouraging people in Leeds to avoid costly doorstep lenders and unregulated loan sharks, which have recently been found to charge interest rates
Leeds Credit Union (LCU) has announced a significant achievement in its mission to support the financial well-being of its members and the broader Leeds community – between September 2023 and October 2024, it saved residents over £9,000,000 in high-interest loan repayments. This milestone demonstrates the credit union’s commitment to providing
Leeds Credit Union (LCU), in a groundbreaking partnership with software companies LendingMetrics and Singlify, is set to transform the credit union sector with the introduction of a new loan decisioning platform. The integration of cutting-edge technology from Lending Metrics’ Auto Decision Platform and the comprehensive features of the Singlify Loan
Financial services provider Leeds Credit Union has begun 2023 by launching a new initiative to help its members consolidate their debts and lower their monthly outgoings. By making £1 million available to its 37,000+ members across Leeds and other areas, plus residents of associated housing associations and select employers, Leeds
Leeds Credit Union is celebrating the success of its recent festive campaign, as results show it saved the local community £3.13million in high interest payments in the run up to Christmas. Whilst the ongoing Covid-19 pandemic and ever changing lockdown restrictions meant Christmas 2020 was a time of sadness and
Leeds Credit Union saved its members more than £1.7 Million in high interest charges during the 2019 Christmas period. The interest that a credit union charges on loans is limited to a maximum 42.6% APR, but is often much lower depending on circumstances. This means that those who took a
A campaign is being launched in Middleton and Belle Isle to encourage local residents, family and friends to report loan shark activity in their area. The campaign, which is being led by the Leeds South East Debt Forum, aims to get people talking about loan sharks, break the taboo and
A new group has been set up to help combat household debt problems in South Leeds. For our last article marking National Debt Awareness Week we are highlighting the work of a new group in the area. The South Leeds Debt Forum is an informal network for advice workers
As part of our series of articles for National Debt Awareness Week, we look at a low cost alternative to pay day loans and overdrafts. The Middleton Branch of the Leeds City Credit Union, located at the St George’s Centre, has been open since September and has made a