'Great leap forward' to control costs of payday loans

Labour MP Stella Creasy has led a relentless campaign to control the costs of payday loans.

Headshot_smaller_file_size_normal

Today is not the end of #sharkstoppers but it is ‘the great leap forwards’ as govt accept principle of regulating credit costs….

Advertisement

Payday loans 'to be capped'

The Government is to allow a cap to be imposed on the interest rates charged for "payday loans".