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Financial obligation issues with high expense credit items from the increase as cash advance problems fall

Financial obligation issues with high expense credit items from the increase as cash advance problems fall

Greater numbers of individuals are experiencing debts for guarantor loans and lease to possess credit services and products, people information reveals today.

The charity states there is a change into the high price credit market once the number of individuals searching for help for difficulties with these sub-prime items has increased by 16per cent throughout the last 12 months (from 1,962 between April and June 2015 to 2,272 in identical duration this present year), as the amount of people with cash advance financial obligation dilemmas has reduced. Continue reading “Financial obligation issues with high expense credit items from the increase as cash advance problems fall”