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Pioneer Mutual Credit Union

That the Parliament congratulates Pioneer Mutual Credit Union in Barrhead on its work with ethical loans; recognises that, in 2016-17, loans of £2.4 million were made to members, ensuring that wealth was retained in the community rather than being lost through payday lenders; welcomes the responsible approach to borrowing, which uses a loan calculator and only charges interest on the outstanding balance, rather than the full amount borrowed, and encourages people to join their local credit union and benefit from not-for-profit services that encourage saving what you can and borrowing only what you can afford to repay.

Supported by: Jenny Gilruth, Joan McAlpine, Richard Lyle, Bill Kidd, Ruth Maguire, Stewart Stevenson, Fulton MacGregor, Sandra White, Kenneth Gibson, Maureen Watt, Gillian Martin


Current Status: Fallen on 28/11/2018
 
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