Investment boost helps local credit union
Jenny Chapman MP has welcomed the fantastic news that Darlington Credit Union (DCU) has now passed the milestone of £1,000,000 of investment in total.
The credit union has received investment from a number of local business and schools in recent years, and has been able to expand its reach to help even more people in Darlington.
Jenny has long campaigned on the need for tougher regulation of payday loans companies, and has spoken about the need to support credit unions as a safe alternative for people in need of a short-term loan.
In response to the DCU milestone, Jenny said: "This is brilliant news. I am very happy for them, they have had to work really hard to build themselves up in recent years.
"There is still a long way to go in terms of tackling payday lenders and promoting credit unions, but there is good momentum now and word is spreading about the services on offer."
Follow the link to learn more about Darlington Credit Union.