Borrowing Reinvented

Some lenders only look at credit scores when deciding whether to grant a loan application which can result in some people being unfairly excluded from credit even though they could afford the loan repayments. There are several reasons why this limited approach doesn’t work. Firstly, it doesn’t assess actual income and expenses and doesn’t distinguish […]

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Application to stand for election as Non-Executive Director (NED)

Non-executive directors are individuals who act in the capacity of a board member and who are not part of the management team. In the credit union currently, non-executive directors are all volunteers. Successful candidates will need to apply after their election to become Financial Conduct Authority (FCA) approved persons. 1. Criteria for membership of the […]

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