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Payday lender Wonga says it. and told BBC Newsbeat it was "too easy" to be accepted. He’s now likely to be one of 330,000 people whose debts will be written off after a ruling that Wonga lent money to people who couldn’t repay it.
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan, "regardless of whether repayment of loans is linked to a borrower’s payday."
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Courtesy of Shutterstock Last week John Oliver offered up an exposé on payday loans. Opponents claimed that anyone with money to save was already saving it. The Boston Globe opined, “It is easy enough for anybody to find a.
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