Backbench Business — High-cost Credit

Part of the debate – in the House of Commons at 12:32 pm on 5th September 2013.

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Photo of Chris Evans Chris Evans Labour, Islwyn 12:32 pm, 5th September 2013

I agree entirely with my hon. Friend. As I said before, we are faced with an absolute juggernaut of advertising. A credit union might promote itself to 70 people whereas a payday loan company can promote itself to 7 million if it puts its advert on television at the right time. As I develop my argument, I shall suggest strategies to take on the goliath that is the payday lenders.