Looking over time in the pay day loan industry and what’s changed. The high price credit industry changed considerably within the last couple of years, since its inception within the 2000’s at the same time of changing financial fortune, it has already established a changing face lately.
The fall and rise of high price loans
In a space that is short of ten years we now have witnessed the rise in popularity of pay day loans balloon and pop music in the united kingdom. Right after the recession that is financial crash of 2008, then the general general general public freeze on pay this year, accompanied by a limitation in financing because of the main banking institutions shortly after.