Tag Archives: usury

Credit unions not a substitute for regulation of payday lenders

Andrew Lilico of Europe Economics has an article in today’s Telegraph¬†with which I at once agree and disagree.¬†I join his affirmation of the Church of England’s proposed move to more proactively support credit unions like London Mutual Credit Union. This can provide a more ethical alternative to payday lenders and their exploitative interest rates. However, […]