> Most of my friends are never going to pay it back.

It scares me that people are taking on these loans with that assumption, spurred on by people like Martin Lewis.

The government has changed the rules before... they may change them again.

To be fair to Mr Lewis, he apparently put his money where his mouth is and engaged lawyers to challenge the recent changes, but I haven't heard of any results... http://www.telegraph.co.uk/finance/personalfinance/borrowing... Does anyone know if it was just posturing for the press at the time, hoping we'd forget about it? Was there ever a ruling or result?