Some to children who are barely old enough to walk in Lambeth, Speedy Cash operatives dressed as kangaroos hand out leaflets. Photograph: Ed Davie

The booming loan that is payday shows a simple failure to guard our many vulnerable citizens from exploitation. Lenders whom charge massive multiples of great interest dominating our high roads is bad sufficient, however now some pay day loan businesses are aggressively promoting via young ones and pressing criteria to a brand new low.

In Lambeth’s deprived Coldharbour and Ferndale wards, fast money operatives dressed as cuddly kangaroos hand out candies and balloons to kids, along side leaflets marketing its loans, which typically charge a lot more than 1,400per cent APR. They presumably wish the kids, some scarcely of sufficient age to walk, will deliver their leaflets to the hands of economically parents that are hard-pressed.

Although exorbitant payday advances are appropriate, dispersing non-political or religious leaflets with out a local authority license is perhaps maybe not, beneath the ecological Protection Act 1990. Having been told through council officers which they wrote to fast Cash telling it to get rid of, I happened to be incensed to look at kangaroo candy man nevertheless approaching kiddies outside its Brixton store. (далее…)