Pay day loans enhance as households forced into high-risk credit from non-bank loan providers
Pay day loans enhance as households forced into high-risk credit from non-bank loan providers On line payday lenders offer comfortable access to credit that is quick traditional lenders pull straight right back. AAP: Alan Porritt Debt-stressed property owners and tenants are increasingly switching to alternative lenders providing alleged "payday" loans and customer leases, as dropping home prices plunge more households into negative equity and banking institutions crack straight down on credit. Tips: Payday loan providers are growing faster than banking institutions as main-stream...