No-interest loan choice helps stop susceptible individuals prey that is falling ‘dangerous’ payday loan providers

Solitary mom Tina Edwards ended up being in need of that loan to greatly help pay money for surgery on her behalf son that is three-year-old but alternatives for getting authorized quickly had been restricted.

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Pay day loans are high-cost, short-term loans as high as $2,000. Due to the high repayments and quick loan duration lots of people get into a financial obligation spiral. But low or no interest loans (NILS) can be found at 60 areas across Queensland

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