Liz s's community profile page - Smart Money People

Write a review

Viewing profile for,

Liz s

Total reviews written

Helpful marks given to their reviews

138

Times reviews seen

All reviews (2)

Review of the Great Western Credit Union, Loans:

View on product page

I wrote a review about their terrible payday service...

I wrote a review about their terrible payday service and using c and l collections it’s time they stopped providing any services to vulnerable people and the big organisations stop using them because their interest charge and this company they are using are threatening to people’s mental health and their life’s. A letter has now been drafted and hopefully Bristol city council will be the first to stop using then poor greed and not what they were when they first stated as a credit union. Think of wonga and these people are worst than them it’s time for them to stop operating and be taken to task over their disgusting recovery procedures which are like loan sharks! Reviewed on: 8th October 2024

Reply from Great Western Credit Union Hi Liz, thank you for taking the time to share your concerns, and we are sorry to hear about your negative experience with our services and collections process. We understand that financial stress can have a significant impact on mental well-being, and we are committed to serving our members with compassion and integrity. We acknowledge there was an error with our internal system and have taken action to improve our in-house processes. Our Operations Manager will be contacting you soon to discuss your account in more detail. Best Wishes, Monica Response date: 11th October 2024

Review of the Great Western Credit Union, Savings:

View on product page

They have turned into a payday lender to vulnerable...

They have turned into a payday lender to vulnerable people and partners like Bristol city council should not be encouraging their staff to use them they use c and c collections who add on 300 pounds worst than any payday loans which are not around anymore keep clear. Reviewed on: 21st September 2024

Reply from Great Western Credit Union Hi Liz, Thank you for sharing your feedback. We take all comments seriously and are committed to addressing any concerns. We understand that personal circumstances can change, and our standard in-house practice is to engage with members to try to come to an arrangement. Unfortunately, this can lead to a loan being defaulted and further action taken to recover the money owed to GWCU. Recently, we have handed over a large portion of historic, defaulted debts to C&L Collections, who add a charge based on the size of the debt. As a not-for-profit financial institution, any loss is felt very keenly, and we must do what we can to mitigate those losses so we can continue to provide fairly priced loans to our members. We understand your frustration regarding the use of collection services and the associated fees. We are continuously working to improve our services and ensure they meet the needs of all our members, including the most vulnerable. Best regards, Monica Response date: 26th September 2024

We are helping 1000s to make smarter financial decisions

We use the power of consumer reviews to help increase trust and transparency in financial services and to deliver industry leading insight and events.