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Concerns over payday loans

Payday lenders, who give short-term loans at high interest rates, are being discussed by Newcastle Citizens Advice Bureau.

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"We know that people need to borrow money"

Payday lenders, who give short-term loans at high interest rates, are being discussed by Newcastle Citizens Advice Bureau.

One of the companies, wonga.com, begins its sponsorship of Newcastle United next season.

The company says that the majority of its customers pay the money back on time and don't get into difficulties.

However, the MP Stella Creasy - who has campaigned against these sort of loans - told the meeting she is worried.

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