Motion · S3M-04261 · 27 May 2009

Credit Unions Versus Loan Sharks

Lodged by Trish Godman Members' Business Motion 36 supporters

The motion

That the Parliament is aware of the infamous activity of loan sharks in today’s difficult economic circumstances; deplores their squalid and parasitical focusing on those without work and other citizens on low incomes; believes that measures must be taken to defeat these parasites; is convinced that an expanding credit-union movement, with the appropriate local and national support, is the most effective antidote to this obnoxious practice, especially in communities characterised by deprivation and disadvantage; praises the fine work performed in such areas by Port Glasgow Credit Union and Renfrewshire Credit Union, and believes that all of those organisations and agencies that have the wherewithal could constructively support our credit unions.

Supporters (36)

Source: the Scottish Parliament motions and amendments record.