Pay day loans are tiny, short term installment loans made to tide the debtor over until their next pay cheque.

Pay day loans are tiny, short term installment loans made to tide the debtor over until their next pay cheque. Michelle and David Reade took down that loan from Wonga at 4,214per cent after which destroyed their jobs. Photograph: Richard Saker for the Observer Michelle and David Reade took down that loan from Wonga at …

Pay day loans are tiny, short term installment loans made to tide the debtor over until their next pay cheque. Lire la suite »