Affordable Credit

The poor pay more for many things but, arguably, it is the extra they pay for credit that puts the greatest strain on their budgets. This report looks beyond the rhetoric that has dominated much of the debate on high-cost credit to examine the scope for widening access to more affordable credit. The report explores what people on low incomes want from a credit source. It also analyses the constraints on lending to poor people. It looks at the scope for reducing the costs of lending and widening access to more affordable credit, and estimates the scale of demand for affordable credit. This report should be read by commercial and not-for-profit lenders, campaigners, policymakers and anyone studying or researching issues around poverty and financial exclusion.

The poor pay more for many things but, arguably, it is the extra they pay for credit that puts the greatest strain on their budgets. This report looks beyond the rhetoric that has dominated much of the debate on high-cost credit to examine the scope for widening access to more affordable credit.

CBSE की नवीनतम परीक्षा योजना के अनुसार शैक्षणिक सत्र 2021 - 22 के कक्षा 9 से 12वी तक के लिए दो terms; Term I व Term II में विभाजित किया गया है तथा दोनों Terms के लिए अलग अलग परीक्षाएँ आयोजित की जाएँगी। यह पुस्तक विशेष रूप से कक्षा 9 संस्कृतम् की term II परीक्षा के लिए तैयार की गयी है। इस पुस्तक में Term II के सभी खंडों / अध्यायों को नवीनतम पाठ्यक्रम के अनुसार संपूर्ण रूप से कवर किया गया है। पुस्तक की मुख्या विशेषताएँ 1. सभी खंडो के प्रारम्भ में महत्त्वपूर्ण पाठ्य सामग्री 2. पाठ्यपुस्तक के अध्यायों का सारांश 3. सभी अध्यायों में पाठ्यक्रम के अनुसार प्रश्नों का कवरेज 4. NCERT के प्रश्न व बोर्ड परीक्षा के प्रश्नो का समावेश 5. सभी प्रश्नों के व्याख्यात्मक उत्तर 6. Term II के नवीनतम पाठ्यक्रम पर आधारित 3 प्रैक्टिस पेपर्स विषय – सूची अपठित अवबोधनम्, रचनात्मक कार्यं, पठित अवबोधनम्, प्रैक्टिस पेपर्स (1-3)

Consumer law, particularly consumer credit law, is characterised by increasingly complex regulation in Western economies. Reacting to the Global Financial Crisis, governments in the UK, the EU, Australia, New Zealand and the United States have adopted new laws dealing with consumer credit, responsible lending, consumer guarantees and unfair contracts. Drawing together authors from all of these jurisdictions, this book analyses and evaluates these initiatives, and makes predictions as to their likely success and possible flaws.

This report follows up on a previous report (HC 848-I, session 2005-06, ISBN 9780215031396), and a related publication on banking services (HC 1717, session 2005-06, ISBN 9780215031426). The Committee commends the Government's response to these earlier reports, but sets out some 33 conclusions and recommendations, including: the development of a wider range of savings options for lower income households; more protection for consumers from the risks relating to prepayment systems, such as Christmas savings schemes; the launch of a targeted national Saving Gateway scheme with the Government matching savings by low-income individuals with its own contributions; a renewed commitment from the Government to the reform and future funding of the Social Fund; the Committee commends the Government's consultation process on changes to legislation within which credit unions operate, and the possible renaming of credit unions to "community banks", the Committee further recommends that such bodies should be able to pay interest on savings.