Archbishop of Canterbury tells payday loans companies: Church wants to put you out of business

The new Archbishop of Canterbury made some waves http://www.thetimes.co.uk/tto/news/uk/article3824847.ece the Church of England wants to put pay day loans companies out of business.

We’ve seen the rise in food-banks from all sections of the church in the UK. I hope we see a similar partnership by churches for credit unions in the future, as the Church of England take a lead in this for us.