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dollar loan center payday loans online

Without a doubt about Payday loan provider's collapse going to borrowers

By Kevin PeacheyPersonal finance reporter

Thousands and thousands of individuals who were mis-sold loans that are payday receive a small fraction associated with settlement they're eligible to following a lender collapsed.

WageDay Advance had provided loans to about 800,000 individuals but went into management early in the day this current year.

In a case that mirrors the demise of Wonga, the business folded after being hit by way of a wave of payment claims for mis-sold loans.