Combating loan sharks through the payroll deduction scheme

M for Money teamed up with Illegal Money Lending Team (IMLT) to promote their Payroll Saving and Loan Plan across the areas that we cover to ensure that employees who work in organisations, that are part of our Payroll Deduction Scheme, have a safe and reliable place...

What are credit unions?

Credit unions are “friendly society” which more commonly known as co-operatives. They are not-for-profit organisations, which are set up by members that have something in common to benefit their community. In the UK, credit unions have been in existence...

M for Money has been awarded the FairLife Mark

M For Money Credit Union is delighted to announce it has been awarded the FairLife Mark for personal loans and savings. The FairLife Mark represents a new fair trading initiative for the finance industry to support and build trust and guide consumers to fairly traded...

Key worker loans now available

M for Money Credit Union is offering Key Worker Loans of £1,000 repayable over up to 60 months at just 0.5% per month interest (6.3% APR). NHS, Council, Emergency and School staff all qualify. Loans are subject to affordability and credit checks. New members joining...

Harrow Council prepare credit union advice for tenants

Harrow Council has recognised the need for tenants to get advice on managing their finances and has agreed to add links to M for Money Credit Union on their website and in their tenant magazine. In times like the national emergency which we are going through now, it’s...