We asked you if you had used payday loan services before and if so, had they helped?
Here are some of your replies:
- Carly Michelle Jolley: They shouldn't be forced to change, they should be shut down!
- Linda Keeler: Am using one now and definitely helps me,I only borrow what I can afford to repay and I have a site which tells me how much I will repay on the due date before I agree to the loan. I must admit that the interest rates could be lower than they are but overall very handy for emergencies.
- Lili Millin: People don't have the choice with everything going up in price and not their wages, it's a vicious cycle... it's easy for people to say that people get themselves in these problems but when your bank won't help you... you have no choice.
More top news
Eurostar passengers were left stranded last night after migrants reportedly climbed on top of trains at Calais.
Andy Burnham is set to criticise those who question membership of international alliances and institutions in favour of 'isolationism'.
Wrestling legend Jimmy Snuka has been charged over the death of his girlfriend more than 30 years ago.