Manchester council commits to crackdown on 'scourge' of payday loans companies in city
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manchestereveningnews.co.ukCut through the noise by getting the day's biggest stories sent direct to your inbox Manchester council has committed to a crackdown on payday loan companies opening new stores on high streets across the city.
A motion aimed at tackling the ‘scourge’ of firms offering short-term credit with ‘punishing’ interest rates was given unanimous support by councillors on Wednesday.
Town hall bosses will now take steps towards preventing firms or individuals from applying for planning permission to convert convenience stores or offices into loan shops. READ MORE : Manchester council withdraws controversial plans to expand Hough End leisure and build fenced-off pitches Councillors heard that Manchester residents struggling with their finances,
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