LOW INCOME DEBTORS AND POVERTY

Motion Text

That this House notes the extent of debt amongst those on a low income with over three million people entering into debt on their doorstep through extortionate lending; believes tackling debt and financial exclusion must be given priority in the Government's anti-poverty strategy; and calls for coordination of the current fragmentary approach setting departmental policies and actions within complementary strategies to tackle financial exclusion and eradicate poverty, focusing on reforming the Social Fund, tackling extortionate lending and promoting affordable credit through credit unions.