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    Payday Advances Can Harm Your Credit Rating

    Payday Advances Can Harm Your Credit Rating It could be quite simple to have a cash advance, also for those who have missed repayments on that loan you now have. In 2015 an ice addict was able to borrow $15k beneath the guise of business loans to fuel his practice. This result in ASIC using close scrutiny of this industry sector. This lead to payday loan provider Nimble being required to refund $1.5 million to over 7000 customers for maybe maybe maybe not fulfilling responsible financing responsibilities. Do you know the traps? Payday lenders generally charge around 240% interest p.a., and have now high fees for defaults and dishonours. Getting…