With the price of life’s essentials spiralling out of control an increasing number of people are turning to a short-term cash fix in the form of payday loans. However, interest rates on these products are high so are they really a good financial solution or are there other options? Tim Moss, head of loans and debt, takes a look...

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Have you used a payday loan to overcome a short-term cash flow problem or maybe you’ve never heard of them before? Are your financial problems more severe than that and you don’t know what to do? Whether you need advice or have advice to give, share your views with other members. Click reply to have your say.

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