Credit unions need more freedom to rival payday lenders and banks, says Bank of England

This is a duplicate of the Blog Entry made on 25th June 2015 12:15.

*PRA tries to give consumers confidence that they will not lose their money if a credit union fails* Credit unions need...

If you claim Universal Credit (“UC”) the DWP intends to share your most sensitive personal data with local authorities, citizens advice bureaux, credit unions, social landlords and relevant registered charities:

• Full name (including initials)
• Contact details including: address,

...

Farewell payday lenders, welcome loan sharks?

This is a duplicate of the Blog Entry made on 9th October 2014 10:43.

*This morning, the screw that is being slowly tightened on the payday loan industry was given another couple of swift turns.* The Competition and...
...

Payday lenders forced to pay millions in tax to fund credit unions

This is a duplicate of the Blog Entry made on 17th October 2013 13:47.

*........under Labour plans* * Labour is calling for a cap on sky-high interest rates * Miliband claims tax would double £13million...

Eligible Loan Deduction Scheme

Yes the Government is using legalese again and making something look which it is far from this is the quote:

"
The Eligible Loan Deductions Scheme (ELDS) is a joint DWP and Treasury initiative to support the expansion of affordable credit to people...

Archbishop warns Wonga it could be run out of business

This is a duplicate of the Blog Entry made on 24th July 2013 21:04.

The Archbishop of Canterbury has warned the on-line lender Wonga that low-cost credit unions could force it out of business. The Most Rev Justin......

Archbishop warns Wonga it could be run out of business

This is a duplicate of the Blog Entry made on 24th July 2013 21:04.

The Archbishop of Canterbury has warned the on-line lender Wonga that low-cost credit unions could force it out of business. The Most Rev Justin......

Credit union expansion to force out payday lenders

This is a duplicate of the Blog Entry made on 7th May 2013 17:16.

*More than 30 credit unions have teamed up to offer an alternative to payday lenders in a "landmark" expansion drive which will save consumers...

Credit unions win £38m to tackle payday lenders

This is a duplicate of the Blog Entry made on 17th April 2013 14:59.

*The government is handing £38m to credit unions to help them challenge payday lenders and loan sharks. * The *Association of British Credit......

FSA introduces rules telling banks to display depositor compensation arrangements

This is a duplicate of the Blog Entry made on 28th May 2012 17:44.

The Financial Services Authority (FSA) will require all banks, building societies and credit unions to prominently display posters...

Credit unions welcome new report on poor practices of private debt companies

This is a duplicate of the Blog Entry made on 9th September 2011 17:35.

*Credit unions welcome new report on poor practices of private debt companies * ---Quote (Originally...