Simply it cute and cuddly because itвЂ™s dressed up in a pink rabbit suit, doesnвЂ™t make. The pay day loan industry is booming in Australia therefore the development seems not likely to slow any right time quickly. Data circulated towards the finish of final 12 months gave us lots to take into account. The report, published by an alliance carolinapaydayloans.org sign in of 20 consumer advocacy teams, unearthed that over 30,000 loans that are payday being applied for each week across Australia. ThatвЂ™s 135,000 loans a a 35% increase in 3 years month. More worrying may be the value of dozens of loans. In the last 36 months, an believed $3 billion loans have already been given out to AussieвЂ™s under monetary anxiety, creating around $550 million in revenue when it comes to industry.