Hers was one of the case studies featured recently at an event hosted by Leeds City Credit Union.

The credit union gave [...]]]> A young mother borrowed £1,000 from a doorstep lender to pay for furniture. Two years later she had repaid the company £3,800 at a rate of £159 a month. She still owed £600.

Hers was one of the case studies featured recently at an event hosted by Leeds City Credit Union.

The credit union gave the young woman a loan for the full amount. That brought her monthly payments down to £38. She opened a budget account to help her manage her bills and a savings account to help with the cost of Christmas.

These are the kinds of services offered by the best of the country’s credit unions. They also have a remit for financial education.

Find out what they can do for young people locally. The credit union website has a search page. Fill in a postcode or other keyword to find what’s around your area.