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Should regulation be aimed at saving the payday borrower from themselves?

  • Written by The Conversation
imageBorrower personality is an under-studied area of payday lending.Image sourced from www.shutterstock.com

The fact that payday industry is marked by high interest rates, hidden charges, and has a vulnerable sector of the community as the target market inevitably means it is constantly scrutinised by regulators.

In March, payday lender Nimble ordered...

Read more: Should regulation be aimed at saving the payday borrower from themselves?

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