Credit unions represent a more ethical, community-based approach to banking. For that reason, the Archbishop has called on churches and church members to support credit unions in their local area, helping the sector as a whole to grow.
This briefing paper gives some background to the issues surrounding the problem of payday lending and the role credit unions can play in building a more ethical financial system. It also suggests ways in which churches can get involved with and support their local credit unions.
Type: Research Reports
Theme: Financial Inclusion