UK Interst Free Loan Scheme Expanded for Britons For Fiancially Vulnerable
The interest-free loan scheme in the UK has been expanded to reach more British nationals which is a government-supported scheme that will provide interest-free loans to financially vulnerable up to 20,000 British nationals. The Nils (No Interest Loan Scheme) is fully backed by the British Government but this will be operated through Credit Unions and other lending organizations. There is underwent a trial interest-free loan scheme in Manchester and after this trial, this scheme will be rolled out in other parts of the United Kingdom.
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