Lending . . . NAMA . . . Godfather . . . Obama
Instead of seeking American advice on image change, credit unions should give low-income members more favourable loan terms. If a person is expected to make repayments immediately after getting a loan, then perhaps that person did not need a loan at all?
Banks allow a more generous time frame before repayments begin.
Dr Florence Craven
Maynooth, Co Kildare