HARD-UP Brits forced to depend on charge cards targeted at poor people can find yourself having to pay more interest than they might with a quick payday loan, we could expose.
Loan providers are focusing on families with poor monetary records by having a brand new strain of credit card that charges as much as 80 % interest.
Unlike pay day loans the attention on cards is uncapped ??“ meaning it can spiral into thousands more pounds and simply take longer to clear.
Today Sun Money requires regulators to do this on personal credit card debt ??“ and clamp down on it while they have actually along with other rip-off credit services and products. We go through the issues that are key just just what has to be done. (weiterlesen …)
