Newcastle University has signed up with Moneywise credit union an ethical loans and savings company. Moneywise provides access to safe and secure savings accounts and low interest loans for its members. The longer you save the more you can borrow.
Moneywise is owned and run by its members on a non-profit basis, which means any surplus is returned as a dividend. Richard Dale, Executive Director of Finance introduces the new service in this short video blog, explaining what a credit union is, why the University has signed up for this service, who can become a member, and how you can save and access loans.