Pay day loans: the APR is sky-high, the pain sensation is greater nevertheless

Pay day loans: the APR is sky-high, the pain sensation is greater nevertheless

Don and Liz Hackett have experienced three loans with My Residence Finance, a scheme launched this year for folks who as a rule have no choice but to approach payday loan providers. Photograph: Andrew Fox when it comes to Observer

Don and Liz Hackett have experienced three loans with My Residence Finance, a scheme launched this year for those who ordinarily have no here are the findings choice but to approach lenders that are payday.

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