Submission Documents: Payday Loans An article in this week's Falkirk Herald claimed there has been a doubling in the number of people making use of Payday Loan facilities. While disappointing in itself, it is the fact that average monthly income of clients of such companies was £1268 while their average debt was £1665! This is an unsustainable inequity. Motion That Council consider the introduction of Credit Union account facilities for all secondary school pupils about to leave full time education. (Glasgow City Council is/has introduced such a facility. Contact could be made with Glasgow to learn from their 'best practice' model.) Proposed by Councillors McCabe and Spears. Help Icon

This is the list of documents available for the submission Payday Loans An article in this week's Falkirk Herald claimed there has been a doubling in the number of people making use of Payday Loan facilities. While disappointing in itself, it is the fact that average monthly income of clients of such companies was £1268 while their average debt was £1665! This is an unsustainable inequity. Motion That Council consider the introduction of Credit Union account facilities for all secondary school pupils about to leave full time education. (Glasgow City Council is/has introduced such a facility. Contact could be made with Glasgow to learn from their 'best practice' model.) Proposed by Councillors McCabe and Spears..

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Name Type of Document Access View Document
Item Minute - 26 June 2013 Minute Public Open Document in PDF Format
(49 KB)

 

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