for finance suggests the cost of living crisis is pushing more people into the hands of unscrupulous or illegal money lenders. a business reporter has the details. i ve got a warrant here. no, open the door. we ll explain what is going on as soon as we come in. as prices in the uk rise, officials are trying to crack down on those taking advantage of the cost of living crisis. in this case, illegal money lenders. with more regulation around payday loans and home credit, there are limited options for those who struggle to borrow money. it seems some might be turning to loan sharks, who offer cash loans without any paperwork, but at a price. notjust exorbitant rates of interest, but sometimes threats of violence. i wanted to understand how those desperate enough to use their services might be exploited, so i ve come to meet d. he says he s an enforcer. he collects debts. we re not using his real name.
Transcripts for BBCNEWS Politics Live 20240604 10:29:45 archive.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from archive.org Daily Mail and Mail on Sunday newspapers.