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      ], "answer" : {"_about" : "http://data.parliament.uk/resources/49018/answer", "answerText" : {"_value" : "<p>The Government is supportive of credit unions and has taken a number of steps to assist them, most recently including:<\/p><ul><li>The Department for Work and Pensions investment of up to £38 million in an expansion project for credit unions. The project aims to help credit unions expand and grow, enabling them to provide financial services to more people.<\/li><li>From 1 April this year the Government increased the cap on the maximum interest rate a credit union can charge for loans from 2% to 3% per month. This will allow credit unions to make more loans to their members without making a loss. Even if they choose to charge the higher rate of interest the cost of borrowing from a credit union will still be significantly cheaper than many high cost lenders.<\/li><\/ul><p>The Government intends that these measures will help the credit union sector go from strength to strength, so it can be a viable option for financial services provision for an even wider range of consumers.<\/p>"}
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      , "date" : {"_value" : "2014-04-29", "_datatype" : "dateTime"}
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      ], "questionText" : "To ask Mr Chancellor of the Exchequer, what support the Government is giving to credit unions to help extend access to fair credit.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
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