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said: "Residents of St Helens are suffering in our economic climate as the cost of living rises, lack of wage increases and unemployment causes many Puma Shoes Black Red

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"They lend money at extortionate rates of interest, which often leads to a cycle of debt for many, with one in three loans being taken out to pay off other pay day loans.

St Helens Star

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Mr Watts said that many people faced Puma Shoes Black And Blue severe debt because of high rate loans.

He claimed that the Labour Party has been campaigning for caps on the cost of credit since 2010, but even with cross party support the coalition Government rejected the reform.

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to make ends meet.

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to turn to credit from these companies

THE Government's rejection of proposals to cap payday loan sharks has been attacked by St Helens North MP Dave Watts, who says it could bring extra misery to the lives of people in the town.

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"The credit cap and amendment to the Financial Services Bill would have sent a message to the loan companies that their worst excesses will no longer be tolerated.

MP slams loan shark 'cop out' From Puma Blue Running Shoes

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