April 2018

Electronic loan sharks: ATMs that look like ATMs and lend people up to $ 1,000 with minimal checks "target the needy and lure them into a debt trap"ATMs resembling ATMs appear across AustraliaMachines only require…

The emergence of cash lending ATMs in parts of New South Wales has raised concerns that low-income families could potentially be trapped in debt.The machines, which look like ATMs, only require identification and bank details before users…