Payday loans are capped. Now let’s tackle other high-cost credit | Gillian Guy

The Financial Conduct Authority has protected consumers from payday loans. It’s time for all lenders who exploit the vulnerable to be brought into lineIt’s not so long ago that newspapers were awash with horror stories of how payday loans were pushing people into dangerous cycles of debt and fuelling a raft of social problems. By helping thousands of people with payday loan problems, Citizens Advice saw at first hand the devastation caused by extortionate interest rates and the haras