What type of institution now offers the best saving and borrowing deals?

Your Comments

I voted for new entrants, as credit unions,( not for profit financial cooperatives) offer small loans at good rates but have the intention of encouraging you to start saving for the future while repaying any loan. A credit union can lend you from £50 plus, will not charge more than 26.82% and will offer better rates when you become a regular saver.
Savings are used to lend out to members who share in any profits made, (less expenses to run the company). To find out more please check with your local Town hall, Library, or Citizens advice Bureau.