Criticism On The Pay Day Loans In The UK

Criticism On The Pay Day Loans In The UK

Payday loans in the UK are increasingly taking centre stage in the financial market due to the aid they give to local citizens. However, there are some critics who have come out strongly to object these services stating that they are horrendous and all they do is exploit the citizens.

Firstly, they note that payday loans drain money from low-income communities. Read more