Payday advances and Catholic Social Teaching–a contemporary as a type of usury!

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Payday advances and Catholic Social Teaching–a contemporary as a type of usury! An “industry” that includes emerged within the last forty years and that happens to be booming within the decade that is last called “payday financing.” a pay day loan,|loan that is payday} sometimes known as a paycheck advance, is a tiny, supposedly short-term […]

Tall Court hands down judgment in very first irresponsible lending/affordability test situation

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Tall Court hands down judgment in very first irresponsible lending/affordability test situation Background On 5 August 2020, judgment ended up being passed down in Michelle Kerrigan and 11 ors v Elevate Credit Overseas Limited (t/a Sunny) (in management) 2020 EWHC 2169 (Comm), which can be the initial of an amount of comparable claims involving allegations […]