Pay day loans firm Ferratum expecting big UK development

Pay day loans firm Ferratum expecting big UK development

LONDON (Reuters) – pay day loans firm Ferratum is anticipating growth that is rapid visit Britain in 2010, and its leader said worries over jobless additionally the sometimes punishing rates of interest linked to the loans hadn’t dented need from clients.

“We are expectant of an increase that is huge our figures in Britain with this 12 months. Individuals desire to accept a loan that is small they don’t wish to go directly to the bank for a more impressive loan,” CEO Jorma Jokela told Reuters in a phone meeting.