The last 20 years have seen a rapid rise in payday lenders marketing their loans with excessive interest rates to those most in need of emergency funds. As the impact of the cuts continues to hit, research conducted by Unite has uncovered that people struggling to make ends meet are sliding deeper in to debt. And that research has found that every month tens of thousands of people are borrowing the equivalent of a week’s wages. This isn’t for new cars, holidays or expensive TVs - this is money for transport, childcare, the basics. This is money to put food on the table and keep a roof over their head. People are borrowing to pay the mortgage or their rent. Sign up now to speak out against companies making extortionate profits from people in need.