Chasing up debts

First published in Letters by

I REFER to the article headed “Taxpayers’ £300k bill over North Yorkshire Credit Union” (The Press, November 6).

In theory the credit union is a good thing because it is an independent, non-profit financial organisation, owned and controlled by its members.

A suggestion that could possibly improve North Yorkshire Credit Union is to have doorstep collectors who go out on a weekly/monthly basis and collect the low-cost loan repayments like many doorstep lenders successfully do with people with a bad credit rating.

Terry Smith, Fourth Avenue, York.

Send us your news, pictures and videos

Most read stories

Local Info

Enter your postcode, town or place name

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree