Cash Converters and Pay Day lenders are the modern pariahs that afflict the most vulnerable in our society, people who are doing it tough for whatever reason.

The Govt. should legislate hard against these Loan Sharks and drive them out of business.

Reasonable provision should be made through Centrelink to deal with the resultant problem. I am not talking handouts but a short term loan at reasonable rates would be a way out.

Banks only want to lend to people who have craploads of collateral.