Thursday, June 13, 2013

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More than 25,000 people have approached a debt charity for help this year after taking out payday loans, and the organisation expects it to reach 30,000 by the end of the year. In the first three quarters of 2012, 25,476 people sought help from StepChange Debt Charity, previously the ... View Video

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Payday loans in the United Kingdom are typically loans of up to £500 to be repaid over a short term, or until "payday". In the absence of restrictions on interest rates the typical annual percentage rate (APR) for payday loans can be 1,000 percent APR or more. A typical payday loan in the ... Read Article

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More than 25,000 people have approached a debt charity for help this year after taking out payday loans, and the organisation expects it to reach 30,000 by the end of the year. In the first three quarters of 2012, 25,476 people sought help from StepChange Debt Charity, previously the ... View Video

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