Scotcash is a not-for-profit, social enterprise and a Community Interest Company (CIC) based in Glasgow, Scotland.[1][2][3][4][5] It provides basic bank accounts, savings accounts and affordable loans to the underbanked.[6]
History edit
Scotcash was founded in January 2007, with the help of Glasgow City Council and Glasgow Housing Association. Scotcash provides financial products and services to those who experience difficulties accessing mainstream financial services, such as banks and building societies.[7][8][9][10][11]
The services offered by Scotcash are credit,[7] basic bank accounts, Credit Union savings accounts, and money advice for customers.[12][8][13]
Awards edit
Scotcash was the overall winner of the Guardian Public Services Awards in 2008.[9]
References edit
- ^ "Glasgow Scotcash loans and financial assistance". UK Bill Help. 9 January 2017. Retrieved 10 August 2021.
- ^ "Scotcash - non material". www.glasgow.gov.uk. 12 November 2015. Retrieved 10 August 2021.
- ^ "Scotcash C.I.C". Glasgow Helps. Retrieved 10 August 2021.
- ^ "Hollywood star Michael Sheen visits Glasgow to campaign against high-cost credit". GlasgowLive. 20 March 2018. Retrieved 13 May 2021.
- ^ "Affordable Credit in Covid-19: How Scotcash helped customers save thousands of pounds – Responsible Finance". responsiblefinance.org.uk. 14 July 2020. Retrieved 13 May 2021.
- ^ "Revealed: The Credit Awards winners 2018". Credit Strategy. 16 May 2018.
- ^ a b "Scotcash". gov.uk. Retrieved 13 May 2021.
- ^ a b "City's cash service saves families from loan sharks". Glasgow Times. 3 October 2007. Retrieved 13 May 2021.
- ^ a b David Brindle (26 November 2008). "Scheme to tackle loan sharks wins Guardian prize". the Guardian. Retrieved 13 May 2021.
- ^ "Scotcash helps thousands facing battle to get loans". Glasgow Times. 2 December 2014. Retrieved 13 May 2021.
- ^ "New website aims to crack down on Scotland's online loan shark boom". HeraldScotland. 15 August 2021. Retrieved 17 August 2021.
- ^ "Glasgow-based Scotcash loans firm given £1m lotto cash". BBC News. 31 July 2013. Retrieved 13 May 2021.
- ^ "Call for more affordable credit as interest paid out by people in Glasgow tops £20m". Glasgow Times. March 2016. Retrieved 13 May 2021.
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