Payday financing in the UK: the regul(aris)ation of the evil that is necessary?

Abstract Concern concerning the use that is increasing of lending led the united kingdom’s Financial Conduct Authority to introduce landmark reforms in 2014/15. This paper presents a more nuanced picture based on a theoretically-informed analysis of the growth and nature of payday lending combined with original and rigorous qualitative interviews with customers while these reforms have generally been welcomed as …