Bristol Credit Union are continuing to offer interest free loans to NHS workers
The zero interest loans will be available to NHS workers who face unexpected costs or can’t afford essentials during Covid-19
Bristol Credit Union have a number of measures in place to help those financially affected by Covid-19
Bristol Credit Union are continuing to offer their zero interest loan service for NHS workers. The loans have been specifically designed to support those NHS workers who face unexpected costs or who can’t afford essentials during Covid-19. An example of this would be an NHS employee who needs a loan for car repairs, or needs transport like a bicycle or a moped to get them into work every day. NHS workers are able to apply for the loan now and it is one of many financial measures made by Bristol Credit Union to support the city region economy during the crisis.
Commenting on this, James Berry, CEO of Bristol Credit Union said:
“We agreed that as a credit union, we were in a unique position to act to support our vital NHS workers during this unprecedented strain on health services. People working on the frontline of the NHS should be able to do their jobs without having to worry about managing unexpected financial strains or the impact of interest rates during this difficult time. At Bristol Credit Union, we stand with the NHS staff who are working tirelessly, day and night, to keep us well. If you know of anyone who is an NHS worker who would benefit from this type of loan, I urge you to tell them about what Bristol Credit Union is doing for them.”
The special support loans for NHS workers carry no interest at all for the lifetime of the loan and there are no fees or charges to pay either. The loans will be subject to affordability checks, and are targeted at essential current needs.
Bristol Credit Union CEO, James Berry continued:
“There really is no catch. If you’re helping save lives in the NHS then we want to help you with whatever urgent financial need you might have. If you promise to pay us back, and can afford to, then we will help with no fees or charges at all.”
The credit union has also made membership free during the current crisis, and has offered existing borrowers who have suffered financially either reduced loan payments or complete payment holidays to help support them.
To find out more about the loan, email info@bristolcreditunion.org.uk and apply using the online application form on the Bristol Credit Union website - https://www.bristolcreditunion.org/loans .
For more information on the services Bristol Credit Union offer and what they are doing to help the local community during this difficult time, go to their website, follow them on Twitter, or connect with them on LinkedIn.