By Georgia Wilkins and Clancy Yeates. A boom in online payday lending in Australia has helped Cash Converters return to profit after multimillion-dollar losses last year. The company, which is known for its bright yellow pawn shops, hopes to cash in on the growing number of Australians turning to the internet for fast cash.
More than 1 million Australians are estimated to take out a payday loan each year. Photo: Karl Hilzinger. It plans to expand its store network in Australia while retreating from Britain, and invest more in the fast-growing online lending market.
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All About Steroids. How to take them, side effects, more. Can online payday loans garnish your wages. Heres a handy free installment loan calculator to calculate the monthly payments on a loan and to find out the total interest cost. If you took out a payday loan and didnt pay it back on time youve probably had collectors call and they may have threatened to garnish your wages.