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Change the rules for payday lenders fees so that they cannot charge more than 30% apr
Often the most vulnerable in our society have little means of resources to help them, so turn to payday lenders just to survive, or to get them out of debt which very quickly leaves them in a cycle of revolving debt.
Payday lenders are taking advantage of this and charging exploitative rates of interest ie 1300% sending people into spiralling debt
Promoted by 38 Degrees, 10 Queen Street Place, First Floor, EC4R 1BE, London
TM 38 Degrees | 2022
Limited by Guarantee
Registered Company No. 06642193 in England and Wales
Registered office: 10 Queen Street Place, First Floor, EC4R 1BE, London, UK
Promoted by 38 Degrees, 10 Queen Street Place, First Floor, EC4R 1BE, London
TM 38 Degrees | 2022
Limited by Guarantee
Registered Company No. 06642193 in England and Wales
Registered office: 10 Queen Street Place, First Floor, EC4R 1BE, London, UK