Paul Smith is better placed than most executives to talk about the dire financial straits facing families at the bottom of the wealth pile. His family relied on doorstep loans firm Provident Financial.
Simple touch: Morses Club agents use tablets to make form-filling easier Doorstep lenders are a controversial bunch, often criticised for charging too much and harassing late-payers. Their reputation has been further tarnished by high-profile revelations about payday lenders, offering fast bucks online but forcing borrowers to pay extortionate amounts of interest in return. The payday market … Read more