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Payday and doorstep lenders


Aug 6, 2008
Just seen Jo Swinson MP act as the coalition apologist for payday lenders. A truly sorry episode.

Anyone considering taking a payday loan (eg wonga, quickquid etc) or doorstop loan (eg provident, pinewood, greenwood etc) should think extremely carefully before doing so.

If you are in the sort of emergency that means that you're considering using such lenders get yourself down to your local citizens advice bureau instead. You'd be amazed how many schemes and grants are available and at the level of help you can get negotiating with creditors.

Whatever you do never ever borrow off of a loan shark. Do this and you will be left with very few options if you can't meet your payments.

Sorry for the rant. It's just a topic that I feel strongly about.