The common person that is insolvent pay day loans had 3.5 loans outstanding – but one customer had 35 pay day loans as he filed for insolvency.

The common person that is insolvent pay day loans had 3.5 loans outstanding – but one customer had 35 pay day loans as he filed for insolvency. “Once you’re in the hamster wheel, you can’t log off,” Mr. Hoyes states. “We have a tendency to enter into practices, and loans...

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