Despite tougher legislation, the industry continues to work irresponsibly by lending to individuals in monetary trouble. We talked to 1 target
A lex Jones* has to switch their phone down in the office and so the constant texts usually do not distract him. He gets around 20-25 a time from payday lenders and agents offering high-cost loans as high as ВЈ1,000 an occasion.
вЂњNeed money? We now have reviewed the application вЂ¦вЂќ a text that is typical. вЂњA loan of as much as ВЈ900 is able to finish,вЂќ claims another. вЂњWe’ve gotten your loan inquiry. Can you simply simply just take our call? Answer YES вЂ¦вЂќ.
Their email inbox is equally as complete, with spam communications from agents and loan providers arriving as frequently as every 5 minutes at some points in the day.