Ballyhackamore Credit Union, 171-173 Upper Newtownards Road, Belfast BT4 3HZ
028 9047 1753 info@bhcu.co.uk
Our Credit Union is for People, not profit!

Back to School 2019



Ballyhackamore Credit Union for back-to-school loans

A new survey of Northern Ireland parents has found that close to three quarters (73%) find back to school costs a financial struggle. Over a third (37%) are getting into debt trying to cope with costs.

The findings were revealed in a new, national survey by the Irish League of Credit Unions#. Almost half of parents said meeting costs was their biggest back-to-school related worry. 
It’s understandable that these costs are a financial burden for so many when parents are paying £776 per primary school child. The spend is even higher for parents with secondary school children who are forking out and £1,067 per child. “We want parents to know we are here to help, if only to have a chat about how we can help you with back to school costs..”

The survey also found that there was a rise in the numbers turning to their credit cards to cover the back to school spend. Almost a quarter (22%) said they were relying on credit cards, compared with 14% last year.


Our message would be to chat to us first in the credit union before making this decision. We are always happy to work with parents to structure repayments in a way that suits their individual circumstances. Get in touch with us to see if we can help.

You may be eligible for an instant loan of up to £500 (terms and conditions apply)

More information on our loans is available here


# i-Reach Insights survey of 269 parents of school-going children in Northern Ireland.