Scottish Parliament debates pay day loans

The official report of the Scottish Parliament's 45 minute  debate on high interest pay day loans is available.

"Just don't.." was the general advice - easier to give than to follow.  But an issue that Fergus Ewing says has lurked in the shadows for too long is at least on the agenda. Reducing the red tape faced by credit unions is perhaps part of the solution. And Westminster is being asked to cap interest rates - which can reach an absurd 4000% - yes four THOUSAND per cent!

If your "quick fix" is going wrong, take advice from the free money advice sector, or contact Scottish Debt Advice on 0800 881 8709 for a free confidential discussion on the options available to you.