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why should you be cautious of payday loans

Why you need to avoid pay day loans and what direction to go alternatively

Why you need to avoid pay day loans and what direction to go alternatively

The financial institution of Russia continues to evaluate how a amendments to guidelines effective since January 2019 have now been affecting the microfinance market. A lower life expectancy day-to-day rate of interest on pay day loans is just about the most significant facet of the regulation that is new. Payday advances are the absolute most high priced sounding borrowings. The attention price on such loans equalled 1.5% per at the end of January, and since July it has decreased to 1% per day day.