Year debt problems with payday loans more than doubles in one

Year debt problems with payday loans more than doubles in one

People information launches nationwide study to hold payday loan providers to account

Due to the fact payday that is new customer charter is launched, Citizens information Bureaux around the world are today releasing new numbers showing a worrying boost in how many severe financial obligation instances associated with pay day loans.

The people guidance solution has seen a ten-fold escalation in the percentage of consumers getting casework assistance with numerous debts which included a quick payday loan debt within the last few four years. (more…)