MyPillow needed $600,000, and fast. So last month CEO Mike Lindell opted for a merchant cash advance — similar to a payday loan for businesses — and agreed to repay more than $16,000 per day for the ...
cash advance apps are a loan shark in your pocket. This report shows many cash advance app borrowers are trapped in a cycle of debt like that experienced by payday loan borrowers,” said Candice ...
A new cap on payday debt will not stop loan sharks making millions from preying on Britain’s poorest, shadow consumer affairs minister Stella Creasy said yesterday. The amount of fees and interest ...
Katie* tells us how she borrowed from a loan shark when she lost her job just ... personal loans, payday loans and hire purchase deals. The exact changes are still being hammered out, but could ...