Green Politics
8.3m people have personal debt problems — it’s a bubble waiting to burst
Personal debt in Britain stands at £200bn and grows by 10 per cent a year. Any increase in interest rates could tip millions over the edge.
loans
Payday lenders: tougher rules and price caps are welcome. But more is needed
The FCA had an opportunity to fix a broken market. It didn't take it.
The end of interest free loans in an emergency?
The Children’s Society today releases a key report, Nowhere to Turn? Changes to Emergency Support. This paints a disturbing picture of how vulnerable children and families in financial crisis could pay the biggest price for government changes to the Social Fund.
Asking borrowers to pay more is not the answer for credit unions
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.
The payday lending industry punishes people for its own faults
The payday lending industry punishes people for its own faults: they don't carry out the correct credit checks then continue to charge borrowers excessive fees and interest on loans they probably couldn't afford to begin with.
The economic madness of imposing £9k tuition fees
With more and more universities set to charge the maximum £9,000 a year tuition fees, the cost of the government's policy becomes ever more apparent, reports Shamik Das.