Reader letter: Praise for Rainbow Savers

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I support Rainbow Savers credit union which is hoping to secure funding that will help keep a shop in Wisbech town centre via the Local Enterprise Partnership/European Social Fund.

Those paid by cheque, but don’t have a bank account find themselves out of pocket by as much as £26 if they approach a payday loan company to cash a £250 cheque.

However, if they have a Rainbow Savers credit union account, they can get the payment loaded onto their debit card at no charge. This is a very good reason to open an account. Rainbow Savers currently operates weekly from the Rosmini Centre on Tuesdays and the Oasis Community Centre on Thursdays.

John Smithee