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Papessa [141]
2 years ago
8

What’s dangerous about taking out a payday loan?

Business
1 answer:
vagabundo [1.1K]2 years ago
8 0

Answer:

the main danger with taking out a payday loan is that you may quickly get trapped in a cycle of debt ,although altho payday loan is normally for a fairly low sum of money, such as £200, it is easy to get trapped in a cycle of taking a new loan out every month to cover the same or increased shortfall

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