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Short Term Loan News

Category: News from MYJAR

MYJAR Debt Advice

Most of MYJAR’s customers repay their loans on time, without any difficulties.

However, we recognise that, for a variety of reasons, some of our customers occasionally have difficulty repaying their loans.

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MYJAR Explains: Capping the Cost of Credit

The Government has set out its intention to look at capping the cost of short term credit.

Once again, this has meant payday lending is making headlines.

At MYJAR, we have always aimed to give our customers a fair, simple service. And we’ve always said that tighter regulation can be part of the answer to bringing those lenders who don’t treat their customers fairly into line.

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MYJAR Explains: The Hidden Cost of Borrowing From Your Bank

From the huge amount of criticism that gets thrown at the high APRs on short-term loans, it would be easy to imagine that this is the most expensive way to borrow.

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Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk