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
With the force facing legal action from the families of the Hillsborough victims, ITV News looks at the web of lies which led them here.
One group of women, each with children who died in Syria after becoming radicalised, told ITV they "still live every day wondering" why?
We've not seen such widespread cold so late in April for over three decades and in the next 24 hours more sleet and snow to come.