A payday lender is tempting cash-strapped consumers with a 0 per cent loans gamble - that only lasts eight days. The loans of £50 to £300 - offered by InstantLoansDirect.com - must be paid back by that deadline or customers face being charged 50p a day for every £100 borrowed. The 50p charge will also be applied to the eight-day 'interest-free' period....Read more here--> Payday lender InstantLoansDirect targets cash strapped consumers with 0% loan | This is Money