Pensioners hit by the cost of living crisis are seeking small loans from the Credit Union to buy bread and milk, the organisation’s Northern Ireland chief says.
The shocking reality of elderly residents seeking a “few pounds” to pay for essential foods was revealed at a special meeting of Newry, Mourne and Down District Council with the management of the Credit Union.
Head of Credit Unions Northern Ireland, Martin Fisher told councillors: “There have been reports of pensioners in Belfast coming into their local Credit Union and asking for very small amounts of money, which caused some concern as to the very low amounts being asked for.