SVP to expand loan guarantee scheme

ST VINCENT de Paul conferences nationwide have expressed interest in joining a pioneering scheme set up by the charity's Cork branch to help those with a bad credit history get loans.

The country’s largest charity has begun acting as guarantor to help people secure loans from credit unions in Cork.

Now, thanks to its success, the remaining 13 conferences of the charity are requesting details about how it works with a view to rolling it out in their own areas.