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Payday loans can be useful in some instances and in case of emergency, it has been claimed. Liz Dunscombe, director of partnership development at Credit Action, said that payday loans can be beneficial
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Families with low incomes are regularly using payday loans in order to help with finances on a weekly basis, according to the Debt Advice Foundation. David Rodger, managing director of the money charity,
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Research by the Consumer Credit Counselling Service CCCS has revealed that many Brits work for three days a week just to pay off their debts. The findings suggest that the average person seeking help
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