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Access to safe and legal credit

EDM (Early Day Motion) 296: tabled on 08 July 2021

Tabled in the 2021-22 session.

This motion has been signed by 14 Members. It has not yet had any amendments submitted.

Motion text

That this House recognises the serious harm caused by illegal money lending and a lack of access to safe and legal credit; notes the rise in vulnerable women becoming victims of sexual exploitation and being forced into prostitution by loan sharks; further notes that the demise of the home collected credit market will only see an increase in loan sharks forcing vulnerable women into debt bondage; and supports the preservation of legal and regulated credit for vulnerable people.