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13 Ara Pay day loan businesses, economic regulators and you may loans charities attended the brand new meeting with this new government’s user minister, Jo Swinson

Pay-day loan providers give quick-label credit from the a leading interest, and allege he could be filling up a space in the market for people who are unable to obtain bucks easily out of conventional banks

Consumer minister Jo Swinson co-ordinated a meeting out-of pay-day loan providers and you can industry bodies, and you may said discover a beneficial 'recognition you to habits wanted to change'.

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