Mae Llywodraeth Cymru’n edrych ymlaen at gael rhagor o wybodaeth am hyn wrth i’r gwaith fynd rhagddo. Bydd yn ddiddorol gweld y manylion a lefel y capio ar y gyfradd log ac ar y taliadau gweinyddu a godir gan y benthycwyr. Fodd bynnag, bydd angen i hyn gael ei roi ar waith yn briodol. Er enghraifft, mae Uned Benthyca Arian Anghyfreithlon Cymru wedi canfod bod y rhan fwyaf o bobl sydd wedi dioddef oherwydd benthycwyr anghyfreithlon wedi ceisio benthyg arian gan gwmnïau benthyciadau diwrnod cyflog neu fenthycwyr stepen drws cyn hynny. Mae’n bwysig felly bod y gyfradd log yn cael ei gosod ar y lefel gywir a bod y benthycwyr yn cynnal y gwiriadau cywir ac yn rhoi’r wybodaeth briodol i’r cwsmeriaid am yr hyn y maen nhw’n ymrwymo iddo. Bydd hyn yn helpu i sefydlu arferion benthyca mwy cyfrifol.
Welsh Government looks forward to receiving more information on this as the work develops. It will be interesting to see the detail and the level of cap introduced – both on the interest rate and the administration costs charged by lenders.  This will however need to be implemented appropriately.  For example, the Wales Illegal Money Lending Unit has found that most loan shark victims have already borrowed or attempted to borrow money from doorstep and/or pay day lenders before falling prey to illegal money lenders. It is important therefore, that the interest rate is pitched at the right level and that the correct level of checks are carried out by the lender and that appropriate information is given to borrowers about their repayment commitments. This will assist with more responsible lending practices taking place.