Pupils: pay day loans aren’t your only choice

Pupils: pay day loans aren’t your only choice

A stressing range pupils are switching to pay day loans – they need to understand there are some other possibilities

If you’re counting along the times until your student that is next loan, think hard before switching to payday advances web sites. Photograph: Alamy

If you’re counting along the days until your next education loan repayment, think before switching to payday advances internet sites. Photograph: Alamy

Final modified on Wed 7 Jan 2015 11.01 GMT

T he top testimonial for cash advance business Smart Pig is from someone with no surname, whom declares in block capitals: “ you are loved by me Smart-Pig! You may be my favourite pig ever! Whom requires Peppa whenever you’re within my life!”

“Noor” has obviously just met pigs ready to offer her a 782% representative APR loan, a complete 1% even worse compared to the offer from Smart Pig.

Smart Pig is merely certainly one of a true wide range of high interest payday loan providers now providing their solutions to pupils. (more…)

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