Most Popular
-
1
Top factor for women when looking for dates? Survey says 'age'
-
2
[From the scene] BTS' Jin returns, fans erupt with joy
-
3
Yoon, Mirziyoyev agree on S. Korea's 1st export of bullet trains to Uzbekistan
-
4
How will med professors' walkout on June 18 impact hospitals?
-
5
Yoon visits ancient Uzbek city, wraps up Central Asia trip
-
6
[Today’s K-pop] Blackpink’s Lisa hints at solo return
-
7
Record fine on Coupang raises questions about online retail practices
-
8
N. Korean military's construction activities spotted inside DMZ: source
-
9
[Weekender] IV drips: A quick energy shot for overworked Koreans
-
10
S. Korea calls on Japan to address 'entire history' of Sado mine in UNESCO Heritage application
Online lenders cripple businesses with quick cash offers
By ABC NEWS (Australia)Published : May 23, 2024 - 18:32
More small business owners are falling prey to online 'predatory' lenders offering them quick cash. Struggling with mounting tax office debt and slowing income the business owners sign up to contracts for fast credit that land them in hundreds of thousands of dollars of more debt. Some of these loans come with interest charges as high as 300 per cent.