Alison Johnstone MSP Visits Scotcash
Posted by: Eden Morrison on May 01 2018 | Tagged: General news
Scotcash had the pleasure of welcoming Alison Johnstone to our Edinburgh office on Monday the 30th of April. The Green MSP was visiting to discuss the work that Scotcash do and the recent developments which have been taking place within the business over the past year. She met with Scotcash CEO Sharon MacPherson, and Deputy CEO Susan McClelland to discuss financial inequalities and exclusions in Scotland.
One point of discussion focused in on the necessity of Scotcash’s Basic Bank Account service in the run up to Universal Credit Full Service roll out. It is vital for individuals to have their own bank account for a number of reasons which can save money, especially if it is likely that they will be enrolling in Universal Credit at any point in the near future. You can find out more about our Basic Bank Account Service here.
Whilst Alison was at the Edinburgh office, she also had the chance to speak with one of Scotcash’s brilliant customers Anne, who discussed her journey with high cost lenders like Morses before she found Scotcash and its affordable credit services. It was stressed that in areas of Edinburgh there are still a large number of people who fall victim to the high interest costs associated with loans from high cost lenders, which further highlighted the good work that Scotcash continue to do in the area.
Alison Johnstone with Sharon MacPherson, Scotcash CEO, and Scotcash Customer Anne.
Compared to high cost lenders, Scotcash customers can save up to £230 in interest payments on a £500 loan over 52 weeks, which works out at a saving of £4.42 per week. You can find out more about our loans here, and how we compare here.