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10/06/2013
NUS Calls On Uni's To Ban Payday Loan Advertising On Campus
As three universities announce they will no longer allow payday loan companies to advertise on the campuses, the National Union of Students (NUS) has called on all UK universities to do the same.
The NUS has urged all UK universities to follow University of Northampton, Northumbria University and Swansea University, who have all now banned financial retailers from advertising on campus.
The NUS claim that some 10% of students considered to be in vulnerable groups have used payday loans and cheque cashing services.
"Students are struggling to make ends meet and this is having a real impact on their wellbeing and their education,” Pete Mercer, NUS national vice-president of welfare, said.
Adding: "It is clear that at least some payday lenders are targeting vulnerable students and the government has so far failed to act, so it is important we do everything we can to limit their ability to reach our campuses."
(MH/CD)
The NUS has urged all UK universities to follow University of Northampton, Northumbria University and Swansea University, who have all now banned financial retailers from advertising on campus.
The NUS claim that some 10% of students considered to be in vulnerable groups have used payday loans and cheque cashing services.
"Students are struggling to make ends meet and this is having a real impact on their wellbeing and their education,” Pete Mercer, NUS national vice-president of welfare, said.
Adding: "It is clear that at least some payday lenders are targeting vulnerable students and the government has so far failed to act, so it is important we do everything we can to limit their ability to reach our campuses."
(MH/CD)
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