Have you had a negative experience of taking out a pay day loan?
Following campaigning from NUS and students’ unions we are pleased to see that the government have launched a survey to find out what experiences people have had of taking out loans from pay day loan companies.
NUS has found that as many as 10 per cent of students from vulnerable groups have accessed high risk debt such as pay day loans and are working hard to ensure that tighter restrictions are put into place on pay day lenders and that universities and colleges across the UK don’t accept any advertising from these companies who target the most vulnerable in society.
Please fill in this survey if you have taken out a pay day loan in the past – it will give the government the evidence they need to finally clamp down on legal loan sharks and make sure that they are not continuing to act in a dangerous and misleading manner.
To find out more about NUS’s work on pay day lenders, click here.