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BBC talks to Carl Packman about payday lending

Written by Ashwin Rattan Wednesday, 12 December 2012 10:47
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From the BBC website:

 

Nearly 500,000 Londoners intend to take out a payday loan to cover the cost of Christmas, according to insolvency advice experts.


The article goes on to quote Carl Packman, the author of the recently published book Loan Sharks:

 

"Families are getting themselves saddled with bad debt from payday lenders right now, so the government really needs to take action on this immediately".


To read the whole article goto:


http://www.bbc.co.uk/news/uk-england-london-20679074

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