Payday loans growing fast in the UK

An article about QuickQuid, a subsidiary of Cash America, in a British magazine. The article is titled “Texan tycoon behind the company charging hard-up Britons 2,300% interest.” I can’t help but chuckle at the article title.

Apparently, demand for Internet payday loans is growing fast. It’s the same racket that sensationalized the APR. What’s new?

The articles worth reading, if you’re on online lender.

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