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Wednesday, 14 December 2011 11:53
llanelli am keith evans pictured with saveeasy staff

Sign up and 'Save Easy' this Christmas

Llanelli AM Keith Davies has paid a visit to Save Easy on Murray Street today (Thursday, 13th December) joining over 5000 others who have taken to saving with their local Credit Union.

 

 

Operating from its main offices in Llanelli town centre, the Credit Union has over the years built up a loyal member's base, Save Easy also operates 15 outreach collection points from Burry Port to Brynaman and Tyisha to Tumble.

By joining the Credit Union, Keith Davies hopes to encourage others to save:

"Our local credit union is there for everyone and it is unique. It helps to encourage regular saving and offers those who do put money aside often, the chance to borrow at rates much lower than high street banks.

"Every household is feeling the pinch right now. Families are under a great deal of stress around Christmas time.For those struggling to make ends meet, there is a huge temptation to borrow from pay day loan companies or doorstep lenders who appear to offer quick money with few strings attached. The offer might sound attractive but I would urge readers to think twice about taking on such a loan and to check the small print and any penalties for missing a payment date. These can hugely increase your repayments.

"Instead, why not consider opening a credit union account, you just need proof of identity and a National Insurance number. By saving regularly, you'll be able to access the benefits that all credit unions offer like loan accounts. Save Easy also offers free life and loan protection."

Advice on managing your money, especially with advice on how to manage the additional cost of Christmas is available from the Money Advice Service by calling 0300 500 5000. Calls should cost no more than a 01 or 02 UK call, and are included in inclusive mobile and landline minutes. Or visit moneyadviceservice.org.uk/interactive for online tools to help you balance your budget.
Picture:  Llanelli AM Keith Davies with Save Easy staff.


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