CSR - Ethics and Pay Day Loans

A downside of the prolonged economic downturn in the UK in recent years has been the rise of the pay day loan companies, particularly in locations that suffer from relatively low incomes and higher unemployment. In most countries, pay day lending is banned, but not in the UK where financial services of this kind are largely deregulated. This video examines the issue and asks some important questions about whether the activities of pay day loan companies are ethical - even if they are legal.