Loan Sharks

Has Debt Become the Norm in Britain?

Megan Hughes | Posted 25.01.2014 | UK Universities & Education
Megan Hughes

In a time of economic crisis, it is understandable that many families hit by financial hardships build up sometimes crushing levels of debt. This is often the only option for single-parents or low-earners, particularly those without strong familial ties to their own parents and relatives...

We Need to Protect Consumers From These Legal Loan Sharks

Stella Creasy | Posted 13.01.2013 | UK Politics
Stella Creasy

Today's evidence from R3, the insolvency practitioners, that the rapid and rabid growth of Britain's payday loan industry is leading people to go hungry in order to repay these debts, is saddening but not surprising to me.

Families Going Without Food To Pay Back Payday Loan Debts

The Huffington Post UK | Jessica Elgot | Posted 13.11.2012 | UK

Thousands of people could be going without food, clothes and heating in order to pay back "payday loans", and the number of people taking on the credi...

Korea: Casino Addiction

Colin Pattinson | Posted 26.10.2012 | UK
Colin Pattinson

Many South Koreans believe that they are innately disposed to fall into addiction. They are very wary after many tales of famous celebrities succumbing to the pitfalls of addiction. The country has a tough stance on drugs and is very cautious in making available anything they deem addictive to its inhabitants.

Life or Debt in the UK ?

James Mahon | Posted 29.09.2012 | UK Lifestyle
James Mahon

With the lack of job prospects in the UK affecting so many, hundreds of Britons are being forced to turn to alternative means to get enough money to get by, week in week out.

Criticised Student Lender: 'Student Union Is Out To Get Us'

Huffington Post UK | Lucy Sherriff | Posted 16.02.2012 | UK Universities & Education

A lending service aimed at students has said it is "upset" at the accusation that it misleads customers, arguing student unions are "out to get us". ...

Shoppers Saved From 'Tempting' Store Cards

PA | Posted 21.01.2012 | UK

Shops will stop offering discounts to encourage customers to sign up for store cards under a voluntary deal after talks with the Government. But th...