Employers can lend money directly to their staff in the form of Employee Benefit Loans. WEC Group and Jubilee Tower Credit Union have teamed up to launch an innovative scheme whereby WEC employees (across the whole group, not just those based in Darwen) can access Credit Union services almost instantly. The loans are then repaid directly from salary. The partnership gives employees an alternative way to borrow money, and the chance to switch current high-interest loans and cut debt. 

The scheme has attracted a lot of interest from the national media and WEC Group Commerical Director Wayne Wild says “Credit unions are uncut diamonds of the credit world. The association of the WEC Group with the Jubilee Tower Credit Union enables us to offer some of the UK’s lowest interest rates.”

Read more about the scheme here: http://www.wec-group.com/news/ebl-scheme-is-launched.html