Just a few weeks ago national conference voted to act against extortion in the credit lending market.
Companies offering short term easy access to credit are taking advantage of vulnerable customers, charging interest rates that can start at 600% and rise to 2500%.
The End Legal Loan Sharks campaign focuses on this issue, and supports Stella Creasy MP in her bid to introduce legislation to regulate this industry.
More than four in ten people are now worried about their current level of debt, with four million fearing redundancy and four million having taken on more debt in recent months.
NUS is concerned that students could become victims of this extortion, and fall prey to the marketing campaigns without realising the high levels of interest that lay behind the slogans.
Help NUS by supporting the End Legal Loan Sharks campaign and help us in exposing the issue of high interest in the credit market, and the damage it can cause to families, their communities, and the consumer economy.
Support this campaign today by
emailing your MP and asking them to support forthcoming amendments being discussed in the House of Commons.