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Numerous borrowers inside our test reported going back to payday loan providers frequently.

Numerous borrowers inside our test reported going back to payday loan providers frequently. As shown in Figure 8, only 29 per cent reported taking out fully only one cash advance in the earlier 36 months. Almost as much (23 %) reported taking right out six or even more loans. Some 37 % reported two to five pay day loans, while a further 11 per cent preferred to not ever specify. What amount of...

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