Listen Live

Payday loan changes 'don't go far enough'.

Exeter's Citizens Advice Bureau says the Government should be doing more to make payday lenders give borrowers a fair deal.

Ministers have announced plans to put a cap on the overall cost of payday loans... but the CAB says that doesn't go far enough.

A national survey by the CAB found that payday lenders had failed to keep promises they made more than a year ago - and continue handing out loans people will struggle to repay, without proper explanation of the charges.

More from Local News

Listen Live
On Air Now Through The Evening Playing Worth It Raye