There is a bill going through Westminster about better financial regulation within the United Kingdom. When the Financial Services Authority was set up it was designed to better regulate what had previously been industry self regulation of differing financial products and agencies within the United Kingdom so that one of them using the stock market could cause it to crash and higher inflation as p...art of a managed macro econimic policy of stable growth and low inflation. However as part of the realignment within the financial sector now that regulation is comprehensive and possible rising bills in the micro economy there is a risk from teh payday loan sector for those on low incomes, be it shops or websites. These are the equivilant of credit cards but on equal or even higher rates of interest should you default on them. The people who are in this situation unless they are on state income support and then able to get a grant from the social fund for a debt relief order or bankruptcy are in real financial problems and need to speak to the money advice service www.moneyadviceservice.org.uk and a financial advisor at the citizens advice service who can help them with claims for rent and council tax benefit, credit union support / grant through the civic centre of the local authority and where necessary help with emergency food through the Foodbank Charity based within the churches.