Tuesday, June 17, 2025

Industry | 2010.08.13

Payday loans industry needs extra safeguards

Borrowers are becoming dependent on high-cost credit they cannot afford to repay, research published today reveals. People are turning to supposedly "last resort" payday loan companies again and again, rather than using them only in emergencies, says the Government-funded consumer champion Consumer Focus.

 

For more information, please visit
http://www.independent.co.uk/money/loans[...]-extra-safeguards-2052152.html

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