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.
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© 2014 Carl Packman
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Packman, C. (2014). Payday in the UK. In: Payday Lending: Global Growth of the High-Cost Credit Market. Palgrave Pivot, New York. https://doi.org/10.1057/9781137361103_3
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DOI: https://doi.org/10.1057/9781137361103_3
Publisher Name: Palgrave Pivot, New York
Print ISBN: 978-1-349-47631-2
Online ISBN: 978-1-137-36110-3
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