Residents in Leeds are having their finances stretched to breaking point - Mark Fleet

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Residents in Leeds are having their finances stretched to breaking point - Mark Fleet
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  • 📰 The Yorkshire Post
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'With the price of everyday goods and services continuing to rise, households throughout Yorkshire are being forced to tighten their belts.'

Instead, anyone in need of help should contact their local credit union as soon as possible.

As not-for-profit organisations, they are dedicated to putting people first and serving the communities in which they operate by providing them with access to affordable and ethical loans and savings accounts, with more competitive rates than those offered by high street banks and building societies, as well as specialist money and budgeting services.

By helping vulnerable households plan their finances, assess their debts and access affordable borrowing, credit unions can help people make their money go further at a time when prudence has never been more important. They can also help connect them with other organisations who can provide specific support and advice.

While there is no quick fix for the financial problems many households currently face, hopefully people can take solace in the fact that many reputable financial organisations exist and are available to help them when they need them most.

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