Wonga are on a mission to pull the wool over our eyes on their very expensive credit product and the customers who they serve.
Author Archives: Carl Packman
Ed Miliband will today propose payday lending companies be forced to pay a levy in order to support credit union alternatives and free debt advice.
To turn RBS into a network of community banks, looking at German Sparkassen for inspiration, would be a step closer to the kind of relational finance our communities desperately need.
Today’s announcement was a long time coming, but we are still left waiting for strong regulation over this controversial industry. How much longer can this go on?
To the question of whether one can be a Conservative and a trade unionist, the answer is of course yes. But perhaps in the same way that a turkey can theoretically vote for Christmas.
Ed Miliband has seen this Tory-led government pull a fast one on the ‘C2s’ and the ‘strivers’ and has offered something the Tories cannot give.
Money Advice Service has shown that the proportion of people struggling to keep up with their bills and credit commitments has risen from 35 per cent in 2006 to 52 per cent in 2013.
UNISON, the UK’s largest trade union, has announced that it will be creating a network of credit unions to “help impoverished members deal with personal debt and financial difficulties”.
A boycott of the games would cause major embarrassment, even for Russians who sympathise with Putin.