ShortTermLoans.net Support Government Change to Govern Payday Loan Interest Rates
Payday loans have been described as ‘predatory lending’ by many of those against the practice, which seeks to give out short term, high interest loans. If used correctly these loans can help borrowers out of a tight cash flow problem however according to ShortTermLoans.net the level of transparency in the industry has been very poor. ShortTermLoans.net has come out strongly in favour of the British government’s new reforms to the Financial Services Bill which limits the interest companies can charge...
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