NHS workers top list of those applying for payday loans

NHS workers top list of those applying for payday loans NHS workers’ representatives say it is a ‘terrible state of affairs’ for staff to be forced to take on loans with interest of up to 1,325%

NHS staff, council officials and gig economy workers are among the most regular applicants for payday loans, which charge interest of up to 1,325% per year, industry data has revealed.

In Birmingham, Leeds and Manchester, city council workers were among the most frequent applicants for the ultra-high interest debt last month, according to figures from a loan comparison website. Continue reading... The Guardian