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cashloan A charity for debt advice in the U.K. is seeing numerous clients looking for help with debt from online payday loan lenders increase. The Consumer Credit Counseling Service (CCCS) is looking towards a record number of people requesting debt assistance this year. Having served fewer than 1000 less consumers dealing with payday loan debt from last year, they are noticing that the amount of payday loans has risen.

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With all the hype about the impact left on household budgets by fast online payday lenders and creditors, it's a wonder that people still use them. Since the numbers of new applications flood the companies each day, these companies continue to grow. Studies show the decrease in young adult use of credit cards as they turn to prepaid money cards to fill the void.


It certainly is not uncommon for an individual to find themselves short of cash just when they need it the most. At the same time it may not be a large amount that is required and this alone can make it even more difficult to find a very much needed short term loan. This is where a cash advance can be a real benefit, but only if the money is borrowed from a reputable company that is in this type of business.

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