Let me make it clear about payday advances are capped. Now let us tackle other high-cost credit

Let me make it clear about payday advances are capped. Now let us tackle other high-cost credit

I t’s maybe not way too long ago that newspapers were awash with horror tales of exactly exactly exactly how loans that are payday pressing individuals into dangerous rounds of financial obligation and fuelling a raft of social dilemmas. The devastation caused by extortionate interest rates and the harassment waged on borrowers by helping thousands of people with payday loan problems, Citizens Advice saw at first hand. (more…)

Read more...