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Without a doubt aboutPayday loan charges limit takes effect

Without a doubt aboutPayday loan charges limit takes effect By Kevin PeacheyPersonal finance reporter, BBC News A limit regarding the price of pay day loans enforced by the City regulator has now come right into impact. Pay day loan prices is going to be capped at 0.8 % per time regarding the quantity lent, and no-one will need to pay off significantly more than twice the quantity they borrowed. The Financial Conduct Authority (FCA) said those not able to repay should really be avoided from…

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