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25 messages and email each and every day: just how cash advance companies hound prone consumers

Despite tougher legislation, a will continue to function irresponsibly by providing to individuals in economic trouble. We spoke to one target

Despite having an IVA, one debtor discover he had been capable take out latest financing from two lenders, neither of who requested him to disclose previous money difficulties. Picture: Suzanne Plunkett/Reuters

Despite creating an IVA, one debtor discover he was able to sign up for latest financial loans from two loan providers, neither of whom requested him to disclose past cash difficulties. Photograph: Suzanne Plunkett/Reuters

Last customized on Tue 28 Nov 2017 11.35 GMT

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A lex Jones* needs to switch their telephone down where you work therefore the continuous texting don’t disturb him. He gets around 20-25 a-day from payday loan providers and agents offer high-cost debts of up to ?1,000 a time. Continue reading

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