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Pressure is mounting on the Government to cut the ‘outrageous’ interest charged on student loans. Graduates now face an eye-watering. at a 2.8 per cent rate of inflation. The debt grows fast becaus.

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That’s closing in on the $627 million in installment-loan balances held or guaranteed by Chicago-based Enova, which lends only to consumers online and isn’t a full-service bank. It’s also approaching.

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