Church of England to open credit union in its ‘war on Wonga’ – Loans & Credit – Money

[Legal Beagles]

All members of the Church of England will be able to join church-endorsed credit union within five years, according to new details revealed today as part of the Church’s war on Wonga Last summer Archbishop of Canterbury Justin Welby slammed controversial payday lenders for pushing vulnerable borrowers into debt and said he wanted to “compete” […]

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[Wombats]

Re: Church of England to open credit union in its ‘war on Wonga’ – Loans & Credit – M

I foresee problems here. I'm fascinated how they will define 'active members' of the Church of England. Active can mean going only once a year, but regular as clockwork, or having to go every Sunday.

The Admission Policies of Church schools are riddled with problems over this issue, among others. Whatever happened to the Christian notion of reaching out to the community?

[Guest]

Re: Church of England to open credit union in its ‘war on Wonga’ – Loans & Credit – M

Interesting concept, I wonder if it has been properly thought through.