Panorama

Easy Money, Tough Debt? (2019x20)

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Where are people on low incomes turning to in the wake of the collapse of the payday lender Wonga? Fiona Phillips investigates some of the lenders who seem to have stepped into the breach, asking why the cap on payday loans that marked the beginning of the end for Wonga doesn’t apply to other types of lending and whether it is still too easy to get what ends up being expensive credit?