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No-interest loan choice helps stop susceptible people dropping victim to ‘dangerous’ payday loan providers

Solitary mother Tina Edwards ended up being eager for that loan to greatly help pay for surgery on her son that is three-year-old but alternatives for getting authorized quickly had been restricted.

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Payday advances are high-cost, short-term loans as much as $2,000. Due to the high repayments and quick loan duration many individuals fall under a financial obligation spiral. (m√°s…)

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