One source suggests that Hackney has the eighth highest rate of loan shops per 100,000 people in London. This is a conservative estimate, as it does not include independent shops and pawnbrokers, only the major national chains. 2

Figure 7 shows how many payday loan shops there are in an area per 100,000 residents. The Hackney rate is compared to the rate in similar London boroughs, and to the London and England rates. The Hackney value is not statistically significantly different from any of the areas shown.

Data for the City of London are not available.

Figure 7: Payday loan shops per 100,000 resident population (2014)

Figure 7: Payday loan shops per 100,000 resident population (2014)

Source: Guardian Datablog 2014B

Notes

  1. http://www.theguardian.com/money/datablog/2014/mar/12/payday-lending-shops-boom-in-uk-the-full-data
  2. http://www.theguardian.com/money/datablog/2014/mar/12/payday-lending-shops-boom-in-uk-the-full-data

References

  1. Gambling Commission, “Find licensees,” 2016. [Online]. Available: http://www.gamblingcommission.gov.uk/Find-licensees.aspx. [Accessed November 2016]
  2. Gambling Commission, “Find licensees,” 2016. [Online]. Available: http://www.gamblingcommission.gov.uk/Find-licensees.aspx. [Accessed November 2016]