We have uncovered evidence that some payday lenders are acting in ways that are so serious that we have already opened formal investigations against them. It is also clear that, across the sector, lenders need to improve their business practices or risk enforcement action.
Our report shows that a large number of payday loans are not repaid on time. I would urge anyone thinking about taking out a payday loan to make sure they fully understand the costs involved so they can be sure they can afford to repay it.
More top news
Vic Reeves and Bob Mortimer have promised 'uplifting moments', 'some magic' and 'dancing styles' on their first tour for two decades.
Another freezing, frosty and icy night ahead but this will be followed by a dry and sunny day for most tomorrow.
Phone hacking was "rife" at the Daily and Sunday Mirror newspapers and the People by mid-1999 at the latest, the High Court has heard.