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Payday loan advert ban on children's TV ruled out


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Payday loan adverts could still be aired on children's TV despite a call from a committee of MPs for a ban.

 

A report by the Business Select Committee said adverts could expose children to the idea that these short-term, high interest loans were "fun".

 

But the government's response to December's report said adverts already faced "strict content rules", so a law change looks unlikely.

 

The committee's chairman Adrian Bailey called the response "very weak".

 

However, major lenders have always said that advertising on children's TV was against their code of practice.

 

 

http://www.bbc.co.uk/news/business-26719170

 

 

Here's the Government response to the Business, Innovation and Skills Committee report:

http://www.publications.parliament.uk/pa/cm201314/cmselect/cmbis/1136/113604.htm

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There wont be any changes when you have a certain person advising the government, who just so happens owns a PDL and donates around half a million to the conservatives.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

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