FOR once I agree with the Government that these pay day loan firms must be curbed from encouraging people on benefits to get into more debt.

I understand there is a recession on and people are finding it hard to make ends meet, but to take out a pay day loan with the interest at 235% APR in some cases, I find that hard to swallow.
These companies should vet all clients and if found they are claiming benefits then they should be turned down immediately. According to the dictionary Pay Day Loans mean just that Pay Day someone who has pay coming in on a regular basis. Not JSA or ESA, INCOME SUPPORT etc.
If you’re on a limited income then you should seek advice from a Citizen’s Advice Centre and learn to budget.
Michael Rose
Nantyglo, Ebbw Vale