Low incomes getting loans

People on low incomes or who are not creditworthy can now rely on a new loan scheme developed by the British government. Low-income customers in search for a loan, are so often rejected by the mainstream banks and therefore have to fall back on credit facilities with enormous interest rates. Using the new loan system, they will have to pay higher interest rates than standard loans and they will have to discuss their financial situation in detail during a personal discourse. Nevertheless people who are left out from normal finance should take this initiative as a great opportunity to a new credit source.

Bert Debaecke

http://www.independent.co.uk/money/loans-credit/new-loan-scheme-targets-lowincome-customers-2089660.html