New credit union to help people avoid loan sharks

BBC NewsThursday, November 6, 2025 at 9:39:31 AM
New credit union to help people avoid loan sharks

New credit union to help people avoid loan sharks

A new credit union has been established to provide struggling individuals with a viable alternative to predatory loan sharks. This initiative, spearheaded by a local businessman and supported by the city council, aims to alleviate the financial burden on those facing high-interest loans. By offering fairer lending options, the credit union not only empowers the community but also promotes financial stability, making it a significant step towards combating the cycle of debt.
— via World Pulse Now AI Editorial System

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