Website scam offers 'cheap' loans which actually cost 7,000%

Updated
Justice
Justice

There has been a spike in complaints about websites that promise to be able to secure you a cheap loan in return for an up-front fee. In fact, they're charging a fortune to get you a payday loan costing anything up to 7,000% interest.

So what are these sites, and what can you do if you have been taken in by one?%VIRTUAL-SkimlinksPromo%

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