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| Reset Finance and other lead generator and price comparison sites subject to strict requirements |
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| Monday, 08 March 2010 | |
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Some clients may come across finance companies like Reset Finance which offer a large amount of sub prime finance to customers.
Among the products on offer are Payday loans (eg borrow £100 and repay £125 on the next payday) with a 1737% APR, Wonga Case on Demand (eg borrow £100 for 10 days and repay £110) with a 2334% APR. The Office of Fair Trading have required Reset Finance to
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