Press info: speedeloans says that payday loans borrowers are making their money go further
Payday loans borrowers are making their loans go further, suggests the latest figures from www.speedeloans.com. The average customer in December 2011 stretched their borrowing for an extra 4 days – compared to the same period in 2010.This may imply they are being more budget-conscious and eking out the money, rather than rushing out and blowing it, says Gary Miller-Cheevers, CEO from speedeloans. The data for December 2011 also rung some other changes with the average payday loans borrower now: · being slightly older at age 34 (compared to 32 in December 2010); · more likely to