| Moneyline was formed in
October 2004. It is based on similar models in East Lancashire (ELM) and Portsmouth.
The company offers low interest loans and free advice to clients about
their borrowing needs. It will always refer people to the most
suitable help that is available. The clients' best interest will
be paramount. The interest rates are higher than Sheffield Credit
Union but substantially lower than 'doorstep' and unscrupulous lenders.
The aims of Moneyline are:-
- To provide affordable personal loans to those
unable to access mainstream financial services
- To provide financial advice and support to
clients whether a loan is agreed or not and to refer client to other
agencies if appropriate.
Moneyline is registered under
the Industrial and Provident Societies Act 1965 , Registered number
29765R. |