The cover of our Playday Not Payday report

In the past few years, there has been widespread concern about the frequency with which families are turning to the use of payday loans in order to make ends meet. Our recent ‘Debt Trap’ report that we published with Stepchange Debt Charity found that a third of families with children have borrowed money to pay for essentials for their children in the last year.

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Month of publication 
September
Year of publication 
2014
Number of pages 
16
Author 
Jake Mcleod
Category 
Policy and lobbying
Related reports 

The Debt Trap: Exposing the impact of problem debt on children

Our report, created with StepChange Debt Charity, reveals the true scale of problem debt for children - and the huge impact it's having on their lives. The report lifts the lid on how 2.5 million children are living in families with problem debt, behind on £4.8billion of payments on household bills and loan repayments.

Date published 
May 2014
Number of pages 
36