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It's boom time for payday lenders and cheque cashers – but with APR of up to 4,200%, many people think regulation is overdue
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Payday Loans Regulation under the Fair Trading Act”; (f) the payday lender’s licence number. (3) A payday lender who engages in the payday loan business
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1 PAYDAY LOANS P-4.3 REG 1 The Payday Loans Regulations being Chapter P-4.3 Reg 1 (effective January 1, 2012) as amended by Saskatchewan Regulations 84/2012 and 105/2013.
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Regulator the Financial Conduct Authority are investigating Barclays amid evidence that some overdraft charges are almost as expensive as payday loans.
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