A major lender to working-class people is on the rocks. Could a collapse trigger the next crash?
The instability at Provident Financial risks driving many into the arms of loan sharks.
The instability at Provident Financial risks driving many into the arms of loan sharks.
We shouldn’t let smaller payday lenders slip under the radar
The cost to society for problem debt is £8.3bn, and this government will only make things worse
We need a real alternative to predatory high street lenders
In the wake of changes announced by chancellor George Osborne last week on the amount at which a credit union can charge in interest for one of its loan products, Joseph Wright of Civitas has written a paper entitled Credit Unions: A Solution to Poor Bank Lending? exploring the industry and its rates.