About 30,000 payday loans focusing on the monetarily prone obtained every week The short-term, high-interest finance for levels up to $2,000 may charge annual rates of interest up to 407per cent and result in a personal debt spiral Associate treasurer Michael Sukkar, right, states the us government is still committed to changing the area, but reforms must ‘strike the proper balances. Image: Mick Tsikas/AAP Associate treasurer Michael Sukkar, appropriate, states the government keeps committed to rebuilding the segment, but reforms must ‘strike the best stability. Picture: Mick Tsikas/AAP Latest changed on Mon 11 Nov 2019 17.03 GMT Pay day loans focusing on the economically exposed are being taken away at price of more than 30,000 weekly, « Continue »