July 21st, 2008
Credit Unions can help people survive the credit crunch
Credit Unions have a role to play in helping people survive the credit crunch the Deputy Minister for Regeneration, Leighton Andrews said today [10th July]. Speaking at the Sustainable Communities and Co-operative Action Conference hosted by the Robert Owen Community Banking Fund he said: “Confidence in financial service providers is at a current low, the effects of the credit crunch are clearly visible. Credit unions offer friendly, local access to financial services and can help rebuild consumer confidence. They also play an important role in helping tackle financial illiteracy and financial exclusion.”
10 July 2008
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