Payday advances are capped. Now let’s tackle other high-cost credit

Payday advances are capped. Now let’s tackle other high-cost credit

It is perhaps not way too long ago that newspapers were awash with horror stories of just how loans that are payday pressing individuals into dangerous cycles of financial obligation and fuelling a raft of social dilemmas. By assisting a huge number of people with pay day loan dilemmas, people guidance saw to start with hand the devastation brought on by exorbitant rates of interest and also the harassment waged on borrowers. Continue reading “Payday advances are capped. Now let’s tackle other high-cost credit”