Credit Unions — Question

Part of the debate – in the House of Lords at 11:13 am on 2 February 2012.

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Photo of Lord Freud Lord Freud The Parliamentary Under-Secretary of State for Work and Pensions 11:13, 2 February 2012

Yes, my Lords, credit unions are local organisations. It is very important that social units in the locality help them. Just as important as local authorities are social housing groups. There are already 20 such groups working with credit unions, which is very important.