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Payday loans: About 30,000 seeking debt advice in Wales

A leading debt charity in Wales says the number of people turning to them for help to pay short term high interest loans has doubled compared with last Christmas, reaching nearly 30,000.

The charity Step Change says that only three years ago so-called payday loans were so insignificant they did not record the number of clients using them.

BBC Wales economics editor Sarah Dickins reports.

Pay day loans are set to 'double'

  • 14 Dec 2012