Promoting Payroll Savings
Levels of savings in the West Midlands are very low, with 55% of people have less than £100 in savings. Debt can quickly result but our Just Finance Black Country team are partnering with others to prevent this!
Our Just Finance Black Country worker Cassius Francis explains more below:
Ethical Finance is vital to the well-being of everyone in the Black Country. This partnership with Black Country Chamber of Commerce and all four Credit Unions encourages local businesses to set up Payroll Savings for their staff, helping them save with a credit union. If that staff member needs a loan, they are already a member of an ethical lender. We know that even a small amount of savings soon adds up!
Just Finance Foundation Trustee and Chair of the Money and Pension Service - Sir Hector Sants was able to launch this campaign at the Black Country Business Festival.