* School of Social Policy, University of Birmingham, Edgbaston, Birmingham, B15 2TT
** Centre for company in Society, Coventry University, Priory Street, Coventry
*** Corpus Christi University, Merton Street, Oxford
Concern in regards to the increasing usage of payday financing led great britain’s Financial Conduct Authority to introduce landmark reforms. While these reforms have actually generally speaking been welcomed as a means of curbing вЂextortionateвЂ™ and вЂpredatoryвЂ™ lending, this paper presents an even more nuanced image according to a theoretically-informed analysis associated with the development and nature of payday financing coupled with initial and rigorous qualitative interviews with clients. Continue reading Payday lending into the UK: the regul(aris)ation of a evil that is necessary?