Saving Gateway Accounts Bill
4:37 pm
Stephen Ladyman (South Thanet, Labour)
I want to come back to Mark. Do not most of your members save with credit unions precisely because their whole attraction is that you put a little bit of money away, establish that you can save, and are then able to borrow from someone who charges a reasonable level of interest, but who is not the tally man who breaks your arms if you cannot pay him back? Are not your customers exactly the ones who might be tempted to borrow something in order to save, as Mr. Mudie suggested?