Payday in the UK

Carl Packman

Chapter 2 in Payday Lending: Global Growth of the High-Cost Credit Market, 2014, pp 36-54 from Palgrave Macmillan

Abstract: Abstract The chapter on the UK looks at the historical development of regulation over consumer credit before addressing the issue offinancial inclusion. It looks at the impact of a highly indebted population in a country hit by recession, at the growth of payday lending, particularly from US companies, and at the buildup of alternative, ethicalfinance from credit unions to CDFIs.

Keywords: consumer credit; credit unions; debt; financial inclusion; ethical finance (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36110-3_3

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DOI: 10.1057/9781137361103_3

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