Pay day loans (short-term cash, fast money) are promoted on television additionally the internet to lure you into getting money quickly to pay for bills or cash owing. Pay day loans can be quite a trap leading to more stress that is financial hardship.
Customer Action Koori Help provides information and help for Aboriginal and Torres Strait Islander community members dealing with customer problems such as for example payday advances.
If you'd like help, check out their site or call their Koori that is free Helpline 1800 574 457
The trap with pay day loans
In the event that you are not able to pay back once again the loan in the deadline you can expect to frequently be charged standard charges which can be included with your financial troubles.