Money-Lending and Financial Exclusion
<title/> This article focuses on money-lending and financial exclusion in Ireland. Borrowing from money-lenders is seen in the academic literature as an indicator of exclusion from more affordable sources of credit. However, Ireland has a widespread credit union movement which provides access to affordable credit. The authors investigated whether this has an impact on the use of money-lending in Ireland. They found that a significant number of people who borrow from moneylenders also borrow from mainstream sources of credit. The borrower and moneylender relationship is complex and is not centred on access alone. The authors explain why new policy is needed which must not only focus on access to financial services but equally on financial education and regulation.
Year of publication: |
2007
|
---|---|
Authors: | Byrne, Noreen ; McCarthy, Olive ; Ward, Michael |
Published in: |
Public Money & Management. - Taylor & Francis Journals, ISSN 0954-0962. - Vol. 27.2007, 1, p. 45-52
|
Publisher: |
Taylor & Francis Journals |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Money-Lending and Financial Exclusion
Byrne, Noreen, (2012)
-
Money-Lending and Financial Exclusion
Byrne, Noreen, (2007)
-
Money-Lending and Financial Exclusion
Byrne, Noreen, (2007)
- More ...