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Second week of A Matter of Life & Debt shows the power of credit unions


16 Oct 17

It’s been another exciting week in the credit union sector thanks to the BBC One show ‘A Matter of Life & Debt’. 5 more episodes have featured ABCUL credit unions and the impact on social media and at credit unions up and down the country has been huge!

The member stories on the show are a real testament to the great work credit unions do for their communities and those who are most vulnerable. They are proving to audiences outside the sector that credit unions are all about people helping people. One episode showed an NHS Credit Union member telling her story of how the credit union helped her turn her life around after getting into credit card debt while at university. Also featured was another heart-warming story  about a young woman who once had a poor credit history before being introduced to Blackpool, Fylde & Wyre Credit Union  being granted a loan and receiving invaluable support with  her finances.  Once in a better financial position she was granted a loan by the credit union tofund her training to begin a career as a nail technician.

Maureen Patterson, deputy chief executive at NHS Credit Union, said: “It’s brilliant to see one of our members prove to audiences outside of the sector that credit unions are here to offer them the help they need when they are in financial strain. Credit unions are co-operative organisations – we are people helping people. We would like to thank our member who spoke so positively about our services”.

On the impact of the show for the credit union, Maureen added: “The reaction to the television series has been overwhelmingly positive. We are pleased to see people up and down the country making enquiries for membership. We received a real spike in activity as a direct result of the series.”

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