Random Feed wrote an interesting post today on
Here’s a quick excerpt
Why traditional financial institutions despise payday loans in England Consumers in England, living from pay cheque to pay cheque, report running out of cash several days before payday. They are more likely to turn to payday loan agents rather than to traditional banking institutions when faced with a cash-flow emergency. Payday loans are an American trend that have taken England by storm. Since the beginning of the credit crunch late last year, the payday loan industry is on the up. UK cons
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Tags: American Trend, Banking Institutions, Cash Flow Emergency, Cash Loans, Consumers, Credit Crunch, Emergency Loans, England, Excerpt, Financial Loans, Loan Agents, Payday Loan Industry, Payday Loans, Random, Social Bookmarking Sites, Traditional Financial Institutions, Web Pages
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