Don’t Fall Victim to Scammers
£10 billion is lost annually in the UK due to fraud, which is why Credit Unions of Wales is supporting the Scams Awareness Campaign (14-27 June) to highlight the... Read More
Latest News
Save for the future with your nearest credit union
Building up a savings pot is good for your financial wellbeing because it means you can withstand any sudden shocks that may come your way. Financial wellbeing is about... Read More
Enjoy Life With a Fun Fund!
Never has there been a better time to set up a ‘fun fund’ and enjoy the fruits of your saving habit. We’ve all been through a challenging time and... Read More
Loan Shark Unit Want to Speak to Reddit Borrowers
Recent research commissioned by The Wales Illegal Money Lending Unit (WIMLU) reveals that Welsh citizens are using Reddit to look for loans from other users to make ends meet.... Read More
Celebrating the Importance of Volunteers
Volunteers are being celebrated by credit unions across Wales for the invaluable role they play in the development and success of the financial cooperatives. As we mark Volunteers Week... Read More
Why Borrow from a Credit Union?
Do you need a loan? There are plenty of good reasons why you should choose to borrow from a credit union. very competitive interest rates apply online or at... Read More
Talk about Problem Debt During Mental Health Awareness Week
Mental Health Awareness Week is the perfect time for you to talk about your financial worries and access a wealth of support and advice. When it comes to problem... Read More
Credit Unions of Wales Responds to Provident Announcement
After 141 years, Provident is closing its doorstep operations and that could help people in Wales avoid falling into unmanageable debt. The high interest rates charged by Provident have... Read More
How to Keep Your Spending Habits Under Control
Lockdown restrictions are easing and the shops are open again – so how do you keep yourself from going overboard with your spending? Putting a little debt on credit... Read More
Start Preparing Today for a Merry Christmas
Christmas may seem a distant memory as your tinsel gathers dust in the attic, but it’s never too early to start saving for the next festive season. By putting... Read More
Making Home Improvements on a Budget
Whether working from home, shielding or furloughed, we’re spending more time in doors – and recognise the uplift our homes need. Certain home improvements projects can boost the value... Read More
Enjoy a Staycation Without Breaking the Bank
After months of being stuck at home, we all want to get away as soon as possible but a staycation in the UK may be the only option. Fortunately,... Read More
Watch Your Garden Grow on a Budget
Spring is here and there’s no better time to breathe new life into your outdoor space. The Covid lockdown restrictions mean that you can only entertain your friends and... Read More
Deadline Extension Announced for Tenancy Saver Loan Scheme
Welsh Government has announced it is extending the Tenancy Saver loan until the end of September 2021. The scheme, which is designed to help tenants in rent arrears due... Read More
A Letter from the Deputy Minister Hannah Blythyn to Employers across Wales
Mae Hannah Blythyn, y Dirprwy Weinidog Tai a Llywodraeth Leol yn Llywodraeth Cymru wedi anfon y llythyr canlynol at gyflogwyr ledled Cymru: Hannah Blythyn AS Y Dirprwy Weinidog Tai... Read More
Why employers should support the financial wellbeing of their staff
Responsible employers recognise the need to support the financial wellbeing of their staff, not only because it benefits the workforce, but business too. Financial wellbeing is defined as being... Read More
Are you worried about Back-to-School expense?
As children return to school, many families will be faced with the sudden expense of essential items like new shoes, uniforms or equipment. Children go through rapid growth spurts... Read More
Tributes to “Champion” Credit Union Volunteer
Tributes have been paid to Meryl Cullen, the Credit Unions of Wales Volunteer of the Year Award winner, who has passed away. Meryl received her accolade last year in... Read More
The importance of financial wellbeing and how to improve it
Financial wellbeing is about a sense of security and feeling as though you are in control of your finances because you have enough money to meet your needs. It’s... Read More
How to Cope with Money Worries
Poor mental health can make managing money hard and worrying about your finances makes your mental health worse so it can feel like a vicious cycle. The ongoing Covid-19... Read More
A Romantic Lockdown Valentines on a Budget
Valentine’s Day is just around the corner and although it’s tempting to ignore it this year because of the pandemic, why not break the monotony of lockdown and do... Read More
Offering Advice During Covid
We all need a helping hand from time to time and the Coronavirus crisis has brought that point sharply into focus. Whether it’s finances, accommodation, physical or mental health... Read More
Why is it important to be financially resilient?
Covid-19 has caused a wide-spread economic crisis but furlough, loss of earnings and unemployment has also reinforced how important it is to become financially resilient for the future. The... Read More
Build your financial safety net
The coronavirus pandemic has drastically impacted our personal finances and the need to becoming financially resilient is more important than ever. The Money and Pensions Service recommends we build... Read More
Avoid a New Year financial hangover
2020 is not a year many of us will forget in a hurry – regardless of how much we want to. We have all been affected in different ways... Read More
Online loan sharks circle on social media this Christmas
Loan sharks are turning to social media to hook people into a cycle of dangerous debt, according to the Wales Illegal Money Lending Unit (WIMLU) and Credit Unions of... Read More
Welsh shoppers prepare for a frugal Christmas 2020
A survey has revealed that shoppers plan to spend less money this Christmas, with seven in 10 shopping early due to the impact of the Coronavirus pandemic and lockdowns.... Read More
Teach Your Child a Lesson in Finance
Teaching children how to save from an early age is an important lesson for their long-term financial wellbeing. Children start to build their money habits as early as five... Read More
Time to Talk Money
It’s Talk Money Week, an annual campaign run by the Money and Pensions Service to encourage people to open up about their money and pensions. According to the Money... Read More
Celtlc Credit Union saves members £2.1 million in debt repayments
Celtic Credit Union has revealed it saved more than 2,700 people across Neath Port Talbot and Swansea Bay around £2.1 million in debt repayments over the past year, compared... Read More