A report submitted to the Glasgow City Council Executive Committee in June recommends that the Council takes action on payday lenders in the city.
Recommendations include changing behaviour by providing all entering their first year in our secondary schools the opportunity to open a juvenile credit union savings account with a donation of £10 per pupil, while promoting and supporting the use of credit unions more widely.
Also recommended were planning restrictions to limit the number of outlets in the city, restricting the size and content of window advertising and lobbying the UK Government to improve legislation that restricts payday lending activities.
The Council has agreed to block payday lending websites from their websites and is encouraging other partners across the city to do likewise. They have also agreed that the ALEO City Property refuse leases for payday lenders. To date, none of the payday lenders in the city rent property from City Property.
Read the report