Research shows 1.2m taking out payday loan each year

Story link: Research shows 1.2m taking out payday loan each year

According to research by watchdog Consumer Focus, the number of people taking out a payday loan has quadrupled in the last 4 years.
The consumer group said 1.2 million people are now taking out a payday loan every year - borrowing more than £1 billion.

Payday loans are becoming more popular and are seen as attractive [...]

Car industry needs more loans

Story link: Car industry needs more loans

 
While it does seem that money is being injected into the car industry left, right and centre, it does not seem like the money is in big enough volume to deal with the current financial struggle that most companies within the motor industry have found themselves in.
 
Union leaders continue to defend the fact that the [...]