I'm pleased to see any remedy that gets people out of the clutches of money-lenders who charge extortionate rates for the smallest of loans.
The Government's new Micro Finance Plan - to be run through credit unions and post offices - offers loans of up to €1,000. But they're charging 12pc a year, making them three times more expensive than a mortgage.
Why not just straighten out the credit unions to do business more easily? There's no real need for yet another agency, just proper regulation.