Britain's payday lenders face new rules

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Britain's payday lenders face new rules

Britain's payday lenders face new rules
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Britain's payday lenders face new rules

by Reuters Videos 1:17 mins

Britain's financial regulator warns the payday lending industry it will impose much tougher rules on the sector, insisting that lenders check whether borrowers can afford their loans and limiting the number of times the loans can be extended. Kirsty Basset reports.

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