Payday Loans - A Response

By Matt Barlow, UK Chief Executive, Christians Against Poverty

On 25 July, our PR switchboard hit the roof, as the Archbishop of Canterbury went public with his desire to 'compete' payday lenders out of business. 

The UK wanted to know what we thought, no doubt to get both an opinion and probably looking for a dissenting voice. They didn't get any dissension from us - we are big fans of Justin Welby, who is a servant-hearted, Christ-centred, man of God. I believe he will be great for the Anglican church (and as the denomination with the highest number of CAP Debt Centres, we are interested!)

At CAP, we have seen the rise of payday lenders over the last few year, having to adapt some of our policies to handle this new element of the industry. 

To read the whole article, click here.