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Sep 28, 2017 - 34 minute read

Does sba loan show up on personal credit

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Does sba loan show up on personal credit

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Does sba loan show up on personal credit

A TV ad for a payday loans company featured a voice-over which stated, "Even with the best training, keeping an eye on our money can be a bit of a tease, and if you're looking at your finances, The Money Shop can point you in the right direction. " On-screen text then switched from "All loans are subject to credit and affordability checks so not all customers may be eligible for a £1000 limit. Maximum £500 for new online customers.

Customers must be 18. TCs apply" to "2961. 4 APR (variable) representative" and the voice-over continued, "Loans up to £1,000 available online or from your local store, and applying for one is a walk in the park. So if you're experiencing one of life's little ups and downs, apply online through [website address]. " A yellow circle with the text "£5 Cashback for every £100 borrowed" then appeared on screen, accompanied by the voice-over statement, "And when you pay back in full on your original due date, we'll give you £5 cashback for every £100 you borrow.

" 1. Two complainants challenged whether the ad was irresponsible, because does sba loan show up on personal credit presented a payday loan as a way of addressing financial concerns; and.

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