UK regulators cap pay-day lenders

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UK regulators cap pay-day lenders

by Reuters Videos 2:16 mins

UK regulators cap pay-day lenders

by Reuters Videos 2:16 mins

Britain's financial regulators plan to cap the sky-high interest rates charged by so-called payday lenders for short-term loans. Critics have argued the industry's practices exploit those struggling to make ends meet. Hayley Platt listens to both sides of the argument.

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