The pay day loan industry it self is under constant fire from regulators and campaigners.

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  • blogicon1January 30, 2021

The pay day loan industry it self is under constant fire from regulators and campaigners. Every nine minutes its lines were open in September, it took a call on payday loans. “Payday loans are leaving many individuals caught in a debt spiral and taking out fully more loans to obtain by,” says Which? administrator director Richard Lloyd. “That’s whenever they’re hit by extortionate penalty fees and roll over charges. Work of Fair Trading should do...