Credit Unions

5th December 2010
Members and supporters of Carlisle & Eden Green Party peacefully demonstrated outside The Cheque Centre on Devonshire Street on Saturday, to draw attention to the extortionate interest rates these people charge in order to profit from peoples' financial misfortune.

Credit unions provide a not-for-profit and ethical alternative to the multinational banks. Any Green councillors elected in Carlisle would prioritise massively expanding the role that the credit union plays in financing local peoples' lives.

Credit unions are moving away from being a fringe activity but still more often than not, providing loans to people on low incomes.