Call Us Today On: 01635 299184



SCM Sporting Classic Motors is a company based in north Hampshire close to the Berkshire border in Southern England specialising in classic car restoration, with an emphasis on historic motor vehicles with a sporting predisposition.


The restoration of pre-war vintage motor vehicles is incorporated with post war Classic Car restoration, classic car maintenance, classic car servicing and classic car repairs.


Much of the work involves British and German classics such as Mercedes Benz, Porsche, Austin Healey, Bentley and Daimler but not exclusively.

Not-for-profit Pay Day Loan Alternative Set to generally meet Consumers ’ Requirements

-Wisconsin-based credit union rolls out turnkey solution for credit unions nationwide-

APPLETON, Wis.–( COMPANY WIRE )–Prospera Credit Union, headquartered in Appleton, Wis., now provides its nationally recognized GoodMoney В® not-for-profit payday loan alternative as being a turnkey way to credit unions nationwide.

The GoodMoney pay day loan alternative is half the price of a typical pay day loan. Up to now, two credit unions offer GoodMoney: Superior solution Credit Union, Superior Wis., and Delta County Credit Union, Escanaba, Mich.

For an acceptable fee that is start-up credit unions may have use of comprehensive training, marketing support and advertising materials. Additionally included is custom made computer pc computer software given by CU*Answers.

“ GoodMoney prov >” sa >® program.

Since its launch in 2005, Prospera ’ s GoodMoney has gotten nationw >’ s Herb Wegner Award and spurred numerous inquiries from credit unions in the united states.

“ it absolutely was a normal next thing to provide GoodMoney to ensure credit unions often helps their regional communities. Because of the crisis that is financial we are able to expect you’ll see an uptick in payday advances. GoodMoney can prov >” said Ken Eiden, CEO of Prospera Credit Union.

“ GoodMoney follows our core values being a credit union and aligns with your philosophy of assisting users of modest means. Our objective has been to simply help users get free from your debt period numerous consumers encounter through a typical pay day loan, ” said Sandra L. Zander, vice president of user solution for Superior Selection Credit Union.

The timing is ripe for an online payday loan alternative because of the present economic system as well as the expenses of predatory lending that is payday. The guts for accountable Lending (CRL) estimates that payday lending costs Americans $4.2 billion yearly therefore the normal payday debtor will pay $793 to borrow $325.

GoodMoney began being a collaborative work with Prospera Credit Union, Goodwill Industries of North Central Wisconsin and Financial Ideas and Services Center in 2005. Included in the turnkey solution package, Eiden encourages credit unions to partner by having an organization that is non-profit their market, even though it isn’t required to have non-profit partner before providing GoodMoney.

“ GoodMoney is just an example that is great of REAL Systems ® prov >” said Brett A. Thompson, president and CEO of this Wisconsin Credit Union League.

For the previous 3 years, a lot more than 12,000 GoodMoney payday advances have now been prepared for loans totaling significantly more than $4.5 million. Set alongside the payday that is average expenses, Northeast Wisconsin customers conserved a lot more than $700,000 in charges. The cash stored on these kind of loans may be reinvested in potentially regional communities.

Prospera Credit Union is a residential area credit union with five branch that is full-service and about 15,000 people throughout Northeast Wisconsin. The mission of Prospera is always to financially help people prosper to boost their total well being.

Now for sale at Walmart: Dangerous Financial Solutions

The customer advocates during the Center for Responsible Lending don’t mince words: “overdraft ‘protection’ is really a racket; perhaps perhaps not a site.” CRL explains:

Transaction shuffling and numerous, excessive costs for tiny shortfalls in their checking reports cost Americans billions each year in unjust charges. Over fifty percent of Us americans are now actually residing paycheck-to-paycheck, making a lot of U.S. families at risk of bank overdraft practices which are exceedingly misnamed “overdraft protection.”

In place, overdraft “protection” items may become like payday advances, with a high costs replacing for high interest, and customers vulnerable to getting caught in a period of financial obligation they can not emerge from. But as toxic as overdraft services and products may be for customers, these are generally very lucrative for banking institutions. In reality, based on a current Wall Street Journal research, some banking institutions create a disproportionate level of their earnings in accordance with general deposits from overdraft as well as other charges. A majority of these fee that is high turn into banking institutions having a hefty existence inside Wal-Mart shops. In line with the Wall Street Journal, the five banks most abundant in Wal-Mart branches had been one of the top U.S. banking institutions ranked by cost earnings as a portion of build up in 2013.

Walmart clients, numerous living paycheck to paycheck, are precisely the individuals many susceptible to the period of abusive, high-cost credit provided by overdraft items. What’s more, while the Wall Street Journal’s profile of a Cleveland-area banking client suggests, the fact the bank is found inside a shop recognized because of its affordable prices may play a role in the misperception that charges represent some sort of a discount, whenever in reality they might approach the expense of a cash advance. A Walmart representative told the Wall Street Journal that the company: “has a “very thorough process” for vetting banking institutions to which it leases shop area, to make certain “they are consistent with Wal-Mart’s philosophy of saving clients cash.” Yet the middle for Responsible Lending warns:

Numerous institutions that are financial abusive overdraft programs to unfairly empty their clients’ checking records, placing customers for a treadmill machine of high-cost credit. Abusive overdraft programs drive customers out from the bank system; certainly, these are the reason that is leading lose their checking reports. Overdraft programs also crowd down better services and products by eliminating incentives for banking institutions to supply lower-cost, workable how to handle economic shortfalls.

The customer Financial Protection Bureau, which discovered “wide variants across finance institutions concerning the expenses and risks of opting in to coverage that is overdraft in a research a year ago, is considering brand new regulations of overdraft services and products. For the time being: buyer beware—especially in the event that you bank at Walmart.