Update: Please note that a number of credit unions have cut off dates for Christmas Loan applications. Visit findyourcreditunion.co.uk to see the closing dates of unions you may be eligible to join.

Around a million people in the UK are currently members of a credit union, a figure set to rise to 3m over the next 10 years following the government’s aims to invest £38 million in them. But what are credit unions, and can you trust them?iStock_000012193904Small

View our Credit Union Guide for an overview.