Archbishop of Canterbury, said the Church of England will review indirectly linked to a payday loan company, he had criticized.
Archbishop Justin Weil told Britain's General Political "magazine released this week to prepare the church payday loan, want to put that business competition. He claimed that the company, providing small, short-term loans in the sky high interest rates, for society's most vulnerable groups prey.
"Financial Times" said on Friday, the church funds, Accel Partners investment in U.S. venture capital firm, led the 2009 payday bank WONGA fundraising.
Vail told the BBC that the world is complex, he was embarrassed by the revelation.
But he said he remains committed to helping lenders support options.
 



Other News:
Archbishop embarrassed by link to payday loan firm
Asia stocks flounder as China resists stimulus
Kerry seeks 'reasonable compromises' in Israeli-Palestinian talks
Vivendi selling most of Activision stake for $8.2 billion
Norwegian Cruise Line 2Q adj.
Organization of America States backs fragile El Salvador gang truce
Vivendi says in talks to sell Maroc stake for 4.2 billion euros
Probe links lithium battery to Dubai UPS crash