Thursday, 16 January 2014

Payday Loans Funding Rent

Hundreds of thousands of people across Britain have taken out a payday loan to meet their housing costs, research for the charity Shelter suggests. Of the 3,675 renters and mortgage payers surveyed, 2% had taken out the high-interest short-term loans in the year to November. Overall, 19% had borrowed money - other than the mortgage itself - including by using credit cards. Read more on the Shelter website.

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