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Payday loans can lead to spiral of debt, report warns – Scotsman

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Finance Markets
Payday loans can lead to spiral of debt, report warns
Scotsman
A THIRD of people who have taken out payday loans have run into even greater financial difficulties as a result, a new report has revealed. People struggling to stay on top of their debts are turning in growing numbers to payday loans to buy essential ...
Payday.net Introduces Article Dealing With Lending PoliciesMidland Daily News
Payday loan borrowers 'trapped in debt spiral'The Guardian
BANKING: Payday lending growing among banksPress-Enterprise
Telegraph.co.uk -Finance Markets
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Payday.net Introduces Article Dealing With Lending Policies – Midland Daily News

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This is Money
Payday.net Introduces Article Dealing With Lending Policies
Midland Daily News
To expand its collection of informative articles about payday loans, Payday.net has launched a new online resource with the title “Policy on Responsible Lending.” The site is offering the material with the idea that consumers searching for cash ...
BANKING: Payday lending growing among banksPress-Enterprise
Payday loan borrowers 'trapped in debt spiral'The Guardian
Payday loans trapping consumers in a downward spiral of debtTelegraph.co.uk
This is Money -Finance Markets
all 48 news articles »

Payday.net Introduces Article Dealing With Lending Policies – PR Web (press release)

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Payday.net Introduces Article Dealing With Lending Policies
PR Web (press release)
Payday.net strives continually to ensure consumer protection by providing the knowledge necessary for consumers to make informed financial decisions. To expand its collection of informative articles about payday loans, Payday.net has launched a new ...

Attorney General intervenes to stop illegal payday lending in Georgia – NorthFulton.com

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Attorney General intervenes to stop illegal payday lending in Georgia
NorthFulton.com
by Staff Reports payday lenders which claim to be Native American owned and operated, have agreed to cease making loans in Georgia. "When it comes to payday lending in Georgia, there is no gray area. It is unquestionably illegal in any form," said ...

Payday loans trapping consumers into a ‘downward spiral of debt’ Which? says – This is Money

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This is Money
Payday loans trapping consumers into a 'downward spiral of debt' Which? says
This is Money
By Tara Evans Payday loans are trapping an increasing number of consumers into a 'downward spiral of debt' due to hidden fees and high penalty charges imposed for late repayments. More than 60 per cent of people who take out payday loans are using them ...

People use payday loans to pay food and energy bills – CreditChoices.co.uk

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People use payday loans to pay food and energy bills
CreditChoices.co.uk
By Martin Fagan Over 60% of people who take out payday loans use the money to pay household bills or to buy other essentials such as food, nappies and petrol, according to a new survey. Consumer watchdog Which? says the results of its survey shows an ...

Payday loans trap one in five in ‘downward spiral of debt’ – Citywire.co.uk

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Payday loans trap one in five in 'downward spiral of debt'
Citywire.co.uk
Which? calls for tighter regulation of payday loans after a survey reveals 20% of people cannot afford to pay back their loans. by Michelle McGagh on May 18, 2012 at 10:11 A fifth of people who take out payday loans are unable to repay them and are ...