Pay day loans are simply immoral

I have to confess I am not an expert on the thorny subject of the rights and wrongs of so-called pay day loans, but I trust my old mate Dave Fishwick when he condemns them as being immoral.

This point of view was certainly underlined when I saw an article on Breakfast News which highlighted the tragic case of one mum who borrowed £250 from one of the pay day loan companies to replace her broken oven and she now owes ... wait for it ...£10,000 as her debt spiralled out of control.

That cannot be right in a modern, civilised society.