Credit Unions

It’s hard not to be aware of the great damage caused in our western societies by debt. Our economies thrive or fail based on how much people buy non-essential goods. Consumerism is the great idol.

Meanwhile, more and more people slide into debt. It becomes unmanageable, and predators swim around them, smelling blood. Archbishop Justin Welby has recognised this grave social evil, and declared war on the loan sharks. Here is a video filmed by the religious journalist Ruth Gledhill, showing churches in deprived east London districts setting up credit unions to benefit the community.

Is this something your church might do, either on its own, or in partnership with others?

More on the story here.

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