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Interest on pay day loans is capped at 0.8per cent a time or Ј24 for each and every Ј100 you borrow over 30 days

Interest on pay day loans is capped at 0.8per cent a time or Ј24 for each and every Ј100 you borrow over 30 days the rate of interest that payday loan providers may charge happens to be limited by 0.8per cent a day. That actually works away at Ј24 in interest for each and every […]