Pay day loans: the issues and possibilities

Pay day loans: the issues and possibilities

In 2013, some 1.8 million someone in britain took down around 10.2 million newer temporary, higher expense payday advances, worth ВЈ2.8 billion, based on the Competition and areas Authority.

In December 2013, 6% of British customers are considering using down an online payday loan in the following 6 months, based on ComRes studies.

Since the interest in pay day loans has increasing, but, therefore has opposition from what numerous see as their unfairly high interest levels, troubling advertisements techniques and bad remedy for clients who default to their loans. (mais…)

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