What Will Happen If Payday Loan And Overdraft Debt Is Not Repaid

A payday loan is a short-term loan of usually no more than £1,500 to £2,000. Available online and from payday lending stores, this financing is relatively easy to obtain because it typically does not involve a credit check. However, interest rates of hundreds or even thousands of percent make this very expensive borrowing. Overdrafts can … Read more