Since the recession hit, a third of families are now spending more each month than they have coming into their households. Four in 10 Britons are worried about their debt, five million are permanently overdrawn, and 22% will carry a credit card debt throughout 2011. The payday lending industry and other legal loan sharks are taking advantage of a lack of access to credit faced by many of these consumers as they try to make ends meet, lending them money on which they charge interest rates up to 4,000% or more.