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Company Continuing to Grow

August 2013

Heat wave has little effect on company growth.

Despite searing temperatures outside, the numbers of online debt help enquiries received by 123 Debt Solutions in the month of August showed little signs of slowing down. Although mainstream lenders have tightened their belts a little, individuals are still seemingly struggling with mounting credit card debt, and also payday loans, which have received a fair bit of negative press recently. Payday loans are designed to be paid off within a few weeks of the initial loan being taken out, however, in many circumstances this does not appear to be the case. Payday lenders are not in the habit of properly assessing their client's ability to repay the loans, nor are they checking for any other outstanding loans. All of these issues combined has resulted in a steady stream of new enquiries for individuals looking for help with debts that they are struggling to pay.

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