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────■ iNFO ■────
Title..............: Young, British and Broke: The Truth About Payday Loans
Source.............: PDTV
Resolution.........: 720 x 404
Framerate..........: 25 FPS
Video Codec........: X264
Audio..............: AAC @ 128kbps VBR 48KHz
Link...............: http://www.bbc.co.uk/programmes/b03kw4pr
────■ DESCRiPTiON ■────
With a million people set to use payday loans to pay for Christmas this year,
Miquita Oliver goes undercover to find out the truth about Britain's most
controversial type of borrowing and meets people whose loans have spiralled out
of control, sometimes with devastating results. But for every person she talks
to who is desperate for cash to survive, there are others just after money for
new clothes and parties. So how much do people really understand about how
these loans work, and what they are getting into?
Miquita, who has had her own financial troubles, opens up her own payday loans
shop rigged with secret cameras and hears startling stories of how these loans
both exploit and are exploited by the people rushing to take them out. With the
industry under scrutiny like never before, she tests whether lenders have
cleaned up their act or whether some are still lending irresponsibly, creating
big problems for the very people they are supposed to help.
Enjoy!
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