Irresponsible 'Loadsadebt' lenders are creating a tidal wave of misery by exploiting people on low incomes.
We urgently need regulation to control these legal loan sharks. The new Financial Conduct Authority has proposed some action, but it's not enough. We must persuade them to take real action.
We've got together with MPs of all parties, and several other consumer and anti-poverty agencies, to launch a Charter to Stop the Payday Loan Rip-off.
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