Ethical short-term lender expands to London and Manchester

Ethical short-term lender expands to London and Manchester
 

The first ethical provider of online short-term loans is expanding its website to borrowers in London and Manchester.
Street UK is non-profit-making and claims to be the cheapest such provider of short-term loans in the UK.
It is designed to help those who are financially excluded or who cannot borrow from banks.
Until now, Street UK has only been accessible to borrowers in the West Midlands, where it has five branches.
Someone using its website to borrow £200 for the minimum three-month period would pay £39.65.
That compares with a fee of £100 for a Wonga flexi-loan.
Cost of a £200 loan... read more

 
28 September 2016 in Business, Views: 52
Source: BBC
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