One or more million people ‘take out payday advances’

One or more million people ‘take out payday advances’

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Earning money final before the next pay check is a classic issue, nevertheless now there are numerous new loan providers providing the solution of a pay day loan.

The amount of people taking one out has quadrupled since 1996 in line with the watchdog customer Focus.

This is certainly despite some businesses interest that is charging greater than 2,500% per year.Continue reading