100 YEARS, STILL NOTHING HAS BEEN DONE!!!LOAN SHARKS.

                                   THE LOAN SHARKS ARE CALLING IN A DEBT!
                                                      POOR FRAZER.

SCOTSMAN.newspaper,Wed 26 June 2013 (keep an eye on the date.)

PAYDAY LOAN FIRMS TO FACE SPOTLIGHT.
Payday lenders ,charities and UK. Government ministers will meet to discuss "widespread" problems in the loan industry.
Consumer minister Jo Swinson will host a summit to discuss whether plans for tougher regulation of the £2 billion sector will be enough

               PARLIAMENTARY DEBATES .COMMONS (take note of the date) 30 June 1913.
PAWNBROKERS (RATE OF INTEREST CHARGED)
Mr LEACH  ASKED THE HOME SECRETARY IF, IN VIEW OF THE FACT THAT THE ACT OF PARLIAMENT REGULATING THE RATE OF INTEREST CHARGEABLE BY PAWNBROKERS PROVIDES THAT SUCH INTEREST SHALL NOT EXCEED 25 PER CENT.PER ANNUM, HIS ATTENTION HAS BEEN CALLED TO FIGURES SHOWING THAT IN THE MAJORITY OF CASES OF LOANS TO THE WORKING CLASSES THE INTEREST VARIES FROM 500 PER CENT TO 1,000 PER CENT PER ANNUM , AND THAT ON AN AVERAGE THE INTEREST WORKS OUT AT OVER 200 PER CENT PER ANNUM.,AND WHETHER HE WILL APPOINT A SELECT COMMITTEE OF INQUIRY OR CAUSE INVESTIGATIONS TO BE MADE INTO THE WORKINGS OF THE PAWNBROKING ACT?

Mr McKenna; my right honourable friend has asked me to reply to this question. My attention has not been previously called to the matter, and the records of my Department contain no information with regard to it. My hon Friend has sent me an extract from a newspaper , from which the figures in the question are apparently taken ,but I should be glad if he could furnish me with the evidence on which the article is based.    Fin.

Myself, 'it is difficult to believe that similar exploitations of certain classes in society is still,after 100years,being allowed to happen.
Governments must shoulder the blame for this sorry state of affairs!