There has been much publicity on television and in the press on loans offered through outlets such as PAY DAY LOANS. (There are other companies.)  Do not lose sight of the fact that such outlets, attractively marketed in attractive premises to lure you in, are commercial businesses. There in business to make a profit. REMEMBER, REMEMBER: To make a profit they do charge truly astronomical – hundreds and even thousands percent – rates of interest.

The YMCA has asked that we tell readers in need of a loan to seek out and use CREDIT UNION.

• CREDIT UNION is run by the YMCA through outlets across the Fylde Coast.
• CREDIT UNION truly does provide access to affordable loans.
• CREDIT UNION in terms of repaying any loan can beat ‘by a mile’ the terms and conditions demanded of borrowers by banks for loans/overdrafts, using your credit cards and paying off credit card balances, using a car or house to secure funds, ‘selling off the family silver and jewels’, and certainly can beat businesses such as PAY DAY.

If you want to know more than ‘phone 01253 720270 or, if you have access to a computer, www.bfwcu.co.uk.