The cash advance agents charge a charge to get a loan, then share bank details with other businesses. Photograph: Alex Segre/Rex Features
The pay day loan agents charge a cost to locate a loan, then share bank details along with other organizations. Photograph: Alex Segre/Rex Features
Final modified on Thu 30 Nov 2017 04.09 GMT
The Financial Conduct Authority has had crisis action to tackle loan that is payday following a deluge of complaints over вЂњblatantly unjustвЂќ techniques.
The agents are making as much as one million efforts a to raid the bank accounts of some of the poorest members of society month. The they charge a fee of ВЈ50 to ВЈ75, and then share the personвЂ™s bank details with as many as 200 other companies, which also attempt to charge the individual while promising to find a loan. Continuer la lecture de Cash advance agents susceptible to crisis action as regulator actions in