Financial obligation issues with high expense credit items from the increase as cash advance dilemmas fall

Financial obligation issues with high expense credit items from the increase as cash advance dilemmas fall

People information says limit on pay day loans should really be extended to many other high expense credit

Today more and more people are struggling with debts for guarantor loans and rent to own credit products, Citizens Advice reveals.

The charity claims there is a change within the high expense credit market once the amount of people searching for assistance for difficulties with these sub-prime services and products has increased by 16% throughout the last 12 months (from 1,962 between April and June 2015 to 2,272 in identical duration this present year), even though the amount of people with cash advance financial obligation issues has reduced. “Financial obligation issues with high expense credit items from the increase as cash advance dilemmas fall” bővebben