Interest-free loan scheme expanded to reach up to 20,000 Britons
A government-supported scheme that provides interest-free loans to the financially vulnerable will be expanded to reach up to 20,000 people. The no-interest loan scheme (Nils), which is backed by the Treasury but is run by credit unions and other lending organisations, successfully underwent a trial in Manchester and from September will be rolled out in other parts of the UK.
Continue Reading
Join the Discussion