UK Government Policy, Credit Unions, and Payday Loans
| Autor: | Bill Lee, John A. Brierley |
|---|---|
| Rok vydání: | 2016 |
| Předmět: |
Public Administration
Credit union 05 social sciences Credit reference Public policy Financial system 0506 political science Installment credit Charge-off Credit history 0502 economics and business 050602 political science & public administration Economics Credit crunch Credit enhancement 050207 economics Business and International Management ComputingMilieux_MISCELLANEOUS |
| Zdroj: | International Journal of Public Administration. 40:348-360 |
| ISSN: | 1532-4265 0190-0692 |
| Popis: | This article outlines how successive UK governments’ policies first created a three-tier system of credit unions and then posited credit unions as alternatives to payday lenders. The three-tier framework is used for an analysis of loans offered on credit union websites. The findings indicate that while the first two tiers of credit unions now offer loans to people who have not saved with them previously, they do so in ways consistent with credit unions’ original character, rather than in ways that replicate commercial payday loans. The other tier of credit unions appears unable to offer such loans. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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