As the Archbishop of Canterbury says, credit unions aren't yet ready to step into the breach

As the Government slashes £28bn from the financial support handed to disabled people, a report published this week suggests half of them are being forced to use credit cards or loans to pay for everyday essentials.

I understand why The Most Rev Justin Welby spoke out this week about his intention to "compete" the payday lenders out of business. But the Archbishop of Canterbury's approach to the problems caused by high-cost credit companies won't lead to the right solution.

Archbishop embarrassed over revelation Church  of England invests in payday lender

Most Rev Justin Welby promises he will ‘make sure it doesn’t happen again’

Some grim research was published this week. A survey by the insolvency trade body R3 showed that half of all UK adults are concerned about their debts, while two thirds of those struggling to make it to pay day blame the cost of living for their financial woes.

Fast action needed to stop more people falling victim to the rogue lenders

As hidden fees for transactions look set to be scrapped, report warns customers the cost will be passed on to them

An increasing number of people are taking out loans which they have little chance of paying back, due to the exorbitant interest rates and high fees

There was good news this week for more than 160,000 people living in social housing.

It's speed, not price that makes payday lenders uncompetitive, the Office of Fair Trading (OFT) revealed when referring the sector to the Competition Commission.

First English council to act against the lenders, following a similar move by councils in Dundee and Renfrewshire

Capital One has become the latest credit card company to launch what it calls a "traveller friendly" credit card. It's friendly because it doesn't hit holidaymakers with foreign usage fees.

If Labour MP Paul Blomfield gets his way, payday lenders will no longer be able to target vulnerable people with extortionate interest rates.