Sponsored by
Credit union for Skegness
An ethical lender is opening in Skegness next month, offering a range of services to help people in financial difficulty.
The Lincolnshire Credit Union is opening 15 not-for-profit ‘LincUp’ centres across the county including one, operating one day a week from the Storehouse, North Parade.
Skegness Ctizens Advice Bureau has recommended the service to debt-ridden residents as a safer route out of financial difficulty than payday loan companies.
Branch manager Sue Waltham said: “We look forward to having a credit union operating in Skegness because it complements our own debt advice for clients. We help them consolidate their debts and work out an action plan, LincUp helps them manage their budgets, provides a manageable low-cost loan and raises their credit-rating.”
The service, initially run by trained volunteers, will specialise in supporting people with difficulties managing their finances who cannot open bank accounts.
LincUp’s Start Accounts, operate like a bank account, which employers can pay into and the holder can pay standing orders and online bills.
The introduction of monthly, rather than fortnightly welfare payments in April is anticipated to see a significant rise in Start Up accounts, as more people struggle to make their finances last.
For more advice visit the CAB on Algitha Road,
Email to a friend
Print this page- Should alcohol be sold on Ingoldmells beach?
- UPDATED: RAF Coningsby scrambles Typhoon fighter to ‘incident on aircraft’ in UK airspace - two men arrested on ‘suspicion of endangerment of aircraft’
- Victim tracked thief with iPhone app after handbag and contents worth £500 stolen from Skegness nightspot
- UKIP investigate Burgh and Wainfleet councillor’s ‘race rant’ allegations
- Lincolnshire property searched in connection with Woolwich terrorist murder
- Should alcohol be sold on Ingoldmells beach?
- Police ‘aware’ of UKIP councillor’s ‘racist rant’ allegations
- UKIP leader Nigel Farage says Burgh and Wainfleet councillor’s ‘racist rant’ will be discussed in two weeks
- Doubts expressed over UKIP councillor’s ‘racist rant’ hacking defence
- Lincolnshire property searched in connection with Woolwich terrorist murder
- Police appeal over Skegness egging incidents
- Man killed in road crash on A16 Spilsby to Boston road is named
- Mayoral chains row resurfaces in Skegness
- Sand clearance on coast from Skegness to Mablethorpe could take “several weeks” warns East Lindsey District Council
- Skegness success at Lincoln 10K event
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Skegness
Saturday 25 May 2013
Today
Sunny
Temperature: 4 C to 13 C
Wind Speed: 17 mph
Wind direction: North
Tomorrow
Sunny
Temperature: 6 C to 17 C
Wind Speed: 13 mph
Wind direction: North west
