Huge jump in Brits using down payday and short-term loans in final one year

An impressive 5.4million high expense credit loans had been applied for into the 12 months to June 2018, the newest information through the Financial Conduct Authority reveals

There is a jump that is huge the amount of payday and short-term loans applied for by borrowers.

An astonishing 5.4million high expense credit loans had been removed into the 12 months to June 2018, the most recent information through the Financial Conduct Authority (FCA) reveals. (more…)