Not for the first time, Justin Welby, the head of the Church of England and the archbishop of Canterbury, took a jab at UK-based online lender Wonga, claiming he told Wonga's CEO, "we're trying to compete you out of existence." The Church of England is in the process of forming its own quasi-lending agency -- the "Anglican Mutual Credit Union" -- for clergy and employees.
Source: http://www.technewsworld.com/rsstory/78618.html
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