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Fast loans are not your friend

She's On The Money

00:00

Payday Loans - What Are They?

In the last 12 months in Australia 619,000 personal loans have been processed advancing a total of $476 million. 46% of millennials turn to personal loans with cars and holidays as the main reasons behind the splurging. They're becoming a big issue because we live in this world of instant gratification," says Professor Andrew Keen.

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