Credit Unions

For many years, credit unions have been an important provider of financial services for local communities.

Hexagon works in partnership with London Plus Credit Union, who offer:

• Affordable Loans are offered to credit union members (subject to underwriting and acceptance) at a fraction of the cost of loans from most home credit companies or payday lenders. While it’s always best to avoid borrowing if you can, a credit union loan can be a good way to pay for expensive items or cover an unexpected bill.
• Safe savings, means members have a place where they can safely save money. Saving a little regularly is often the best way to build up money to pay for unexpected expenses.
• Day-to-day money management, means accessing a number of different services to help you manage your money on a day-to-day basis. Their pre-paid debit card* gives you an easy way to access your money, and enables you to pay for things in shops without needing to use cash. The credit union also offers a “budgeting account”*, which can help you to manage your expenses and make sure that all of your bills are paid (and get all of the savings that go with direct debit payments), without incurring the charges that can arise if a direct debit is unpaid for any reason.

If you would like to know more about joining London Plus, view their website at www.londonpluscu.co.uk.

You could also join your local credit union if you prefer; contact details for all of these are provided below:

*Some charges apply to this service.