Britain’s cash-strapped shopaholics are increasingly turning to microloans to ensure they don’t miss out on a bargain.
The fast-growing financial phenomenon enables people to receive a microloan – otherwise known as payday loan – within minutes of applying.

And because people can apply for their short-term loan using their mobile phone, it means that if approved they can go ahead with their must-have purchase while they are still in the shop.

Europe’s largest online microloan lender Ferratum, which launched in the UK four months ago, says customers’ desire to treat themselves at the shops is one of the biggest reasons for the...Read more here--> CCR Magazine - Britain’s shopaholics 'turn to microloans to avoid missing out on a bargain'