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Ugh. Don't they have laws against usury in UK?
by nuje 15y ago
Ugh. Don't they have laws against usury in UK?
- kolektiv 15y agoDisappointingly not. In fact recent government commissioned studies recommended not regulating this further for fear of driving customers to more unscrupulous lenders (presumably ones without flashy offices and good marketing - not actually more expensive ones, which are hard to find). It's pretty disgraceful. Thankfully it is beginning to be flagged up as more of a problem as some of the better newspapers are beginning to do some proper investigative reporting.