Last week, some of the Southway Housing Trust team came to visit us on Fog Lane 😃 We really enjoyed Elaine, Trish, and Vick coming to see us and tell us about some of the great work they are doing 👏

#DidYouKnow that credit union interest rates are legally capped at 42.6% APR? 🤔 Did you also know that all interest on credit union loans is charged on the reducing balance, rather than the fixed balance? Let’s see why #creditunion interest rates are made to suit you 🧵

#creditunions offer loans as low as £150 - the average new loan value is £926 (Fair4All Finance), but the cap still applies✅ Many credit unions will also offer discounted interest rates on bigger loans On top of this, all interest is charged on the reducing balance 📉

When interest is charged on the reducing balance, the interest you pay reduces as you repay your loan ↘ Whatever balance is outstanding, you’ll pay interest on that, rather than paying interest on the original balance, which would be a fixed rate of interest

Something I think a lot of people don't know - #creditunion interest rates are capped at 42.6% AND all interest is charged on the reducing balance If it sounds too good to be true, give this thread a quick read 📖

Looking to cut out the high prices for your takeaway coffees? 🤔 Helen's new year resolution is to stop paying for them altogether and instead use a handy thermos flask to take her own coffee into work 😃☕

It was a pleasure to welcome the team from South Manchester CU yesterday to share ideas on how we can best support our members. Thank you for coming 🤝 #creditunion #credituniondifference #peoplehelpingpeople #cooperative

Our marketing team had the great pleasure of visiting Serve & Protect yesterday to share ideas on how we continue to best support our members Thank you to Tom and Chris for being such great hosts 🙌

Great to see Tom again after his visit to Fog Lane earlier this year and great to meet Chris Always good to hear how us, Serve & Protect and other #creditunions can work together to better serve our members

This article includes a lot of invaluable information about #creditunions, definitely worth a read 👍

We offer payroll deduction to help make your finances simpler, making it easier to save for that rainy day ☔ Thanks to Mouthy Money for spreading the #creditunion message

We spoke to Vick, Senior Financial Inclusion Officer at Southway Housing Trust this month to get her top money-saving tip 💸 Vick uses TopCashback every time she shops, whether it's the food shop or a more expensive purchase 🛒 #MancMoneyMatters

It was great to hear about Vick's money-saving tip - the blog itself is a very interesting read! For anyone unfamiliar with cashback, it's definitely worth having a look at what TopCashback have to offer

This is a great opportunity to expand your knowledge on financial #wellbeing with #CreditUnions 🤜

Was great to meet up with the team at Mike Pye + Co and discuss marketing #CreditUnion #Creditunions

Does your job work for you? Take our short online interactive quiz and find out if your workplace has good employment practices. Discover resources that can help you improve your workplace. Take the quiz: ow.ly/MTBf50OQIjy #GoodEmploymentWeek

Happy #GoodEmploymentWeek 🥳 We are proud to support the first-ever week to #celebrate #goodemployment across #GreaterManchester Want to support Greater Manchester Good Employment Charter? From the #quiz to all the events taking place this week, there's something for everyone to #getinvolved

We're joining Co-operatives UK this #CoopFortnight to celebrate an altogether different way to do business, support your community, and support people with #cooperatives We offer a different way to boost financial #wellbeing and maintain #community #wealth in #SouthManchester

#DidYouKnow #goinggreen doesn’t need to be expensive and can actually save you money on your daily expenses Becoming #ecofriendly is often seen as too big a lifestyle shift and very costly – but this doesn’t have to be the case, and we’ll tell you why 🧵

There are often misconceptions about going green, investing your time and money into making a switch to a greener lifestyle can often save you money in the long term. Read more here 👇 smcreditunion.co.uk/green-loan-goo…