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MSE News: Payday loan price cap will remain

The price cap on payday loans, which means people will never have to pay more than double what they originally borrowed, will remain - but more must be done to tackle unrranged overdraft fees, the regulator has said...
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'Payday loan price cap will remain'
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Comments

  • molerat
    molerat Posts: 33,293 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    The flip side of course is banks rejecting payments which will lead to another load of problems.
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