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Payday lenders nevertheless cashing in with sky-high charges

Payday lenders nevertheless cashing in with sky-high charges

Will be the federal government’s new cash advance restrictions adequate to keep short-term borrowers away from difficulty?

Short-term loan industry is growing

Pay day loans have made economic matters more serious for lots of individuals – but which hasn’t stopped lenders from to locate brand new borrowers.

The organization had 55 shops in Australia and had generated $155m in income at the time of 2013 december. Continue reading Payday lenders nevertheless cashing in with sky-high charges