The Credit Union signs new agreement with SADC

The Credit Union has recently signed an agreement with St Albans City & District Council to offer budgeting accounts to Council tenants in order to assist in the transition to Universal Credit due in November 2017. Universal Credit payments can be paid into the tenants’ credit union accounts and money due for rent will be ring fenced and paid directly to the Council. This scheme should provide tenants with peace of mind that their most important bill will be paid on time.

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