Moneynet in The Press

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quick-fix loans are tempting, but beware

Published: 03/01/2010

The Independent on Sunday (Main)

Short-term loan firms will be expecting a bumper month as the post-Christmas debt blues take their toll.
 
“Paying £10 on a £100 seven-day is better than your current account going into unauthorised overdraft and you getting charged £30 or more by your bank. It’s also better than not being able to pay your gas or electricity bill, damaging your credit rating and risk being cut off,” says Andrew Hagger from Moneynet.co.uk.

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Last Updated: 11-02-2012