Debt

Mark Drakeford: Diolch i bawb sydd wedi cyfrannu at y ddadl brynhawn yma. Mae’r cyfraniadau o bob rhan o’r Siambr wedi adlewyrchu pwysigrwydd y pwnc.

[I thank everyone who has contributed to today’s important debate. The contributions from all parts of the Chamber reflected the importance of this issue]

I hope that Members will forgive me if, given the number of people who have spoken in the debate, rather than trying to reply to the individual points raised, I attempt to highlight three common themes that I think have come from all sides of the Chamber and been raised regularly in our discussion. The first thing that has come through powerfully this afternoon is the predatory nature of pay-day loans—the way that they exploit the most vulnerable at points in their lives when they are most desperate and least likely to be able to seek proper advice. We have heard powerful evidence this afternoon of the impact this has on the lives of individuals and families.