Categories
Economy Recession

Payday Lending Desperation

#PayDayLoans #Finances #HeiseSays

People are complaining about payday lending and accusing them of predatory behaviour. Do we need government intervention or better financial education?

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References

Millions of Australians falling victim to ‘predatory’ payday lenders, report shows

https://www.abc.net.au/news/2019-11-12/payday-loans-increasing-single-mums-growing-borrowing-sector/11694908?fbclid=IwAR3kwZ9iW4nxXQfXKGN-zI7uu4QC74TFFykWXtzQLHc5VTOydZyu787-PIM