Payday loan crackdown will hurt the most vulnerable

Ryan Bourne appears in the Telegraph

Ryan Bourne, Head of Public Policy at the IEA, featured in The Daily Telegraph, in relation to the decision by the FCA to cap interest charges for payday loans. In the article, Ryan makes the point that these caps are likely to lead to a smaller payday loan market overall, potentially harming those the policy intends to help. 

You can read the article in full here.