In June 2008, the Treasury announced plans to encourage the growth of credit unions by broadening the common bond and removing outdated restrictions, with the intention of significantly reducing the influence of door step lenders and loan sharks.
The Treasury announced plans. This was to encourage the growth of credit unions by broadening the common bond and removing outdated restrictions. This was with the intention of significantly reducing the influence of door step lenders and loan sharks. This was in June 2008.