Families in Wales who lost their Christmas savings with the collapse of Farepak say they're being targeted by loan companies - some charging nearly 200% interest.

This comes as some high street banks are bringing in new charges to customers who have less than a £1,500 cushion in their account.

Now a group of MPs, the Treasury Select Committee, are calling for better consumer protection laws to safeguard people taking out loans or putting their cash into unregulated savings clubs.

Tonight on Wales@work, Sarah Dickins asks her guests: do people on lower incomes get a raw deal when it comes to banking and finance? Tell us what you think - email work@bbc.co.uk, and we'll try and get your views on the air.