Our paper additionally makes a rather specific contribution to academic debates

concerning the ‘financialisation of everyday life’. Past studies in this field (Langley, 2008; Coppock, 2013; Deville, 2015; Horsley, 2015) have actually centered on broad areas of customer credit and financial obligation countries through the viewpoint of changing subjectivities and identities. Our concentrate on the experience that is‘lived of payday lending plays a role in this alternative and much more advanced image of the role of payday financing in individuals everyday lives. The main focus on ‘lived reality’ is essential, because it facilitates a challenge to the dominant, though highly influential, portrayal of payday lending in itself as a contribution to knowledge, but even more so.

Certainly, this portrayal that is dominant of financing led the FCA to tighten up legislation of HCSTC including brand new laws.

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