UK Researcher uncovers the subterranean world of illegal moneylending

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The dangers of people turning to unofficial lenders due to the cost of living are revealed in new research undertaken by Lancaster University and have been released in a special session in the House of Commons.

Being declined for credit appears to be a key triggering factor to go on to borrow from illegal lenders in the UK, the report says. People were borrowing…

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News Source: phys.org


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