Payday loan providers: The dark facts are them, but it doesn’t have to be this way that we need

Payday loan providers: The dark facts are them, but it doesn’t have to be this way that we need

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The post-GFC economy might have poured sand into the gears of numerous organizations, but one sector happens to be quietly booming: payday lenders.

In fact the last ten years has seen a 20-fold rise in interest in such lenders, whom provide small loans to hopeless people in return for eye-watering interest re re payments.

The lifeblood for this industry is monetary anxiety and immediate past have actually supplied an abundance of it. (more…)