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He payday financing market has changed dramatically

Payday loan providers have now been the niche of trenchant critique since their popularity exploded after the crisis that is financial. A documentary that is recent “Cash at hand: Payday Loans”, desired to counter this by providing an insider glance at the industry. The show went behind-the-scenes at payday lender Uncle Buck, which possesses a 2% share of the market behind behemoths such as for instance Wonga and QuickQuid, and accompanied the day to day activities of their customer care and collections procedure.

The payday financing market has changed dramatically since legislation ended up being announced a year ago – it would appear that the industry is making genuine efforts to completely clean up its work. Continue reading