A CREDIT union is taking on pay day loan companies in the new year.

The North East Warrington Credit Union has announced it has extended its trading area to cover the whole of the town and paid a 1.9 per cent dividend on shares held.

From January 15, it will be offering instant ‘helping hand loans’ to non-members, of up to £500. The maximum repayment period is six months with a 25 per cent APR.

The first appointments for people interested are on Wednesday, January 15 and every Wednesday afterwards. For more information, call Alex or Steve on 492688.