William Espinoza's Colleagues at Joining Forces
William Espinoza's Contact Details
El Salvador
Joining Forces
William Espinoza's Company Details
Joining Forces consists three of the UK's leading credit unions, providing a range of simple savings accounts and "affordable" loans to military personnel direct from their payroll.The arrangement, made possible by the Ministry of Defence, means Armed Forces personnel, their family members and retired personnel receiving a pension are eligible to save regularly or repay loans with credit unions directly through their pay packets, via deductions from their payroll.Credit unions are mutual financial co-operatives that take deposits and give loans to members. They offer a range of easy-to-understand savings accounts and a variety of loans for their members.All members of a credit union are required to save, with this money then lent to other members who may need to borrow through a choice of loan products designed to meet different needs-whether paying off expensive existing loans, paying for a holiday or buying a car.Usually, credit unions charge much less interest on loans than many other lenders like banks or ‘payday loan' providers and often have additional benefits such as no early repayment penalties, no hidden fees, no set up costs, life cover and much more.