One inparticular has been highlighted by Martin Lewis and if you borrowed £100 and didn't pay a penny back, in 7 years your debt would be in excess of the US national debt, $16 trillion.
I thought our government had cracked down on loan sharks, seems they've just legalised them.
Are there(legal)loan interest rates in excess of 1500% APR anywhere else in the world or is it just the UK? As always, it's the most vulnerable who bear the brunt.