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    Children 'groomed for payday loans'

    PressAssociation

    by PressAssociation

    6.7K
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    By: Phil Barnett
    The Business, Innovation and Skills (BIS) Committee recommended pulling the plug on payday loans ads aimed at children after hearing fears that the next generation is being "groomed" towards such borrowing and evidence that the average child aged between four and 15 was exposed to 70 payday loan adverts last year.