A number that is worrying of are switching to payday advances вЂ“ they need to understand there are more solutions
If youвЂ™re counting down the times until your student that is next loan, think hard before switching to pay day loans web sites. Photograph: Alamy
If youвЂ™re counting along the times until your next education loan repayment, think hard before switching to payday advances internet sites. Photograph: Alamy
Final modified on Wed 7 Jan 2015 11.01 GMT
T he top testimonial for pay day loan business Smart Pig is from somebody without having a surname, whom declares in block capitals: вЂњ Everyone loves you Smart-Pig! You might be my pig that is favourite ever! Whom requires Peppa whenever youвЂ™re in my own life!вЂќ
вЂњNoorвЂќ has demonstrably just came across pigs prepared to offer her a 782% representative APR loan, the full 1% even even worse compared to the offer from Smart Pig.
Smart Pig is merely certainly one of range high interest payday loan providers now providing their solutions to pupils. Their ads, which were reported to your Advertising guidelines Agency (ASA), highlight prizes you will get both hands on, such as the chance to вЂњwin a termвЂ™s rentвЂќ. Continue reading “Pupils: pay day loans aren’t your sole option”