Debt & Credit
Practical Help
Payday Loans & Interest Traps
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Payday Loans & Interest Traps
Payday loans are marketed as quick fixes for short-term cash needs, but they often come with extremely high interest rates.
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Answers from our counsellors
Short recordings of our counsellors answering the questions that come up most in sessions on this topic.Videos about Payday Loans & Interest Traps
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What is debt advice and how can it help you?
Breaks down what debt advice involves and how it can reduce fear and regain control.
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Matt’s Debt Story: Dealing With Payday Loans
A lived-experience account of someone who got caught in payday loans and sought help — helpful for n...
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Payday Loans (StepChange info)
Provides information on payday loans and their risks — good for explaining how these products work a...
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