Category Archives: rise credit loans instant payday loans online

People Advice warns payday lenders could victimize Universal Credit claimants

People Advice warns payday lenders could victimize Universal Credit claimants

Payday lenders could profit from the upheaval that is huge by the latest Universal Credit system as 61% of loans nevertheless come without the right checks to evaluate whether borrowers are able to afford to settle, says Citizens guidance.

The squeeze on living standards has triggered a growth in payday financing as individuals seek out short-term loans to cover crisis expenses as well as in some situations purchase everyday basics. Problems cost management under Universal Credit might make this worse. Continue reading People Advice warns payday lenders could victimize Universal Credit claimants