One million Brits use payday loans every month

A million people take out a payday loan each month to help pay the cost of household bills. That's shockingly high.

It's sad to see that way too many people are struggling to keep their finances on track. New research from Santander shows that not only are a million people taking out a payday loan each month, Brits are also borrowing £2 billion every year from the payday loans industry.%VIRTUAL-SkimlinksPromo%