Teenager killed himself after Wonga cleared out his account 26/9/11

[MuddlingThrew]

I heard that Church of England were trying to set up an alternative to money lending firms that seem to have cropped up in the last few years and are able to- with a shocking abandon,-ruthlessly exploit the disadvantaged. Can anyone tell me if that is still going to happen ?

I've never heard of that. I've only heard of credit unions but they are very few and far between I think.