-
Reference:
2012/3756
-
Question by:
Fiona Twycross
-
Meeting date:
21 November 2012
You have previously noted that the rate of borrowing from high interest lenders such as Wonga is 'extortionate'. Furthermore, you have stated support for the London Debt Strategy Group and its work, especially the creation of a website pointing in the direction of credit unions and other ethical finance (MQ 2634/2012). Given the high visibility of high interest lenders through extensive, targeted advertising, will you promote the London Debt Strategy Group website more extensively so that people in London struggling with high levels of debt are fully aware of their options, and if so, how will you do this?