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 products.
The Mark covers all areas of finance, by raising standards in finance with a fair trading mark and improving financial education.
● Fair Trading
● Financial Education
● Social Impact
The benefits of FairLife for the consumers
FairLife is a fair trading mark that is a pledge to price honestly and trade fairly with customers in the finance industry.
● By making the products you use better and easier to understand
● By guiding you to companies you can trust
● By helping you to choose what you need faster and with more confidence
It is helping customers to find products they can trust as well as promoting financial education from school to retirement.
M for Money Credit Union’s Chair Liz Driscoll said, “We are honoured to be awarded the FairLife mark for our savings and loans. We know our members already have faith and confidence in M4Money and believe the FairLife Mark will help encourage residents in our common band area and the employees of employers we work with to join us.”
Stuart Philips of the FairLife Charity, says: “The FairLife Charity awards the FairLife Mark to companies that price honestly and trade fairly with their customers. The mark’s standards are about being fair to the customer and importantly about following the spirit not just the letter of the law. We are thrilled to have M for Money Credit Union carry the FairLife Mark.”
The initiative enables good firms to come together and aims to encourage good practice and guides customers to products they can trust whilst allowing competition and consumer choice to flourish.