Consumer groups criticise UK payday loans

Fast-growing industry accused of offering short-term loans with high-interest payments and targeting vulnerable.

    Consumer watchdogs in Britain have accused the UK's fast growing payday loan industry of targeting the most vulnerable people.

    The companies offer short term loans with high interest repayments.

    A government committee has also recommended tightening laws surrounding the $265bn loan industry.

    Al Jazeera's Laurence Lee reports from Gillingham.

    SOURCE: Al Jazeera


    YOU MIGHT ALSO LIKE

    Death at the dinner table

    Death at the dinner table

    Blake Sifton was born to a family of funeral directors. He explores the prevalence of mental illness in the profession.

    Assessing Trump: Is the president fit for office?

    Assessing Trump: Is the president fit for office?

    Experts discuss President Trump's mental state - and his effect on others.

    Why did Raila Odinga withdraw from the election rerun?

    Why did Raila Odinga withdraw from the election rerun?

    Odinga's withdrawal will not make Uhuru Kenyatta president. But it will give more time to prepare for the new vote.