Controversial practices like rolling over loans more than twice will be banned in a clampdown on the predatory practices used by payday lenders, according to the industry watchdog.
The Financial Conduct Authority will also introduce obligatory warnings on adverts, so customers are aware of how difficult the problems caused by late repayments can be.
They will hen be led to the Government-backed Money Advice Service (MAS) for help.
The £2.8bn industry has come under fire for lending to people who have not been afford the repayments, meaning the loan is rolled over and the cost balloons.
Charity StepChange received nearly 14,000 cries for help last year from people who were struggling with five payday loans or more.
More top news
PM Malcolm Turnbull said people convicted of terrorism-related charges would be held indefinitely if they pose an ongoing threat to society.
Democratic National Committee chair Debbie Wasserman Schultz stands down after leaked emails show party actively favoured Hillary Clinton.
The pair, believed to be the boy's mother and stepfather, were held after the five-year-old's lifeless body was discovered in a lagoon.