UK firms' quick loan offer under scanner
- 12 years ago
As the saying goes, someone always makes a profit out of a crisis, and Britain's high streets are filling up with these little enterprises.
Many British citizens who have been affected by the austerity measures have been lured by these money-lending firms which claim to offer short term solutions.
But a growing number of people in the UK are getting further into debt.
Campaigners say the so-called 'Pay Day loans' are targeting the poorest in the society.
Al Jazeera's Laurence Lee reports from Wigan in the northwest of England.
Many British citizens who have been affected by the austerity measures have been lured by these money-lending firms which claim to offer short term solutions.
But a growing number of people in the UK are getting further into debt.
Campaigners say the so-called 'Pay Day loans' are targeting the poorest in the society.
Al Jazeera's Laurence Lee reports from Wigan in the northwest of England.