The federal government may have set restrictions on pay day loan charges and interest, however the tighter legislation doesn’t appear to be deterring lenders. Payday loan provider marketing is extensive вЂ“ specially on the web вЂ“ and is apparently growing. When you look at the UK, the Financial Conduct Authority has clamped down on deceptive pay day loan marketing вЂ“ especially ads targeting teenagers.
The prices for any other advertisers that are prominent a whole lot worse.
Payday loan provider pages
Sunshine Loan Centres
The advertising states “you’ve started to the best spot if you want between $100 and $1500 quickly”, and guarantees to “work away a payment plan that fits your allowance”. (more…)