Tuesday, Aug 12, 2025
Quick loan traps: lawyer discusses how companies bypass laws with unfair clauses and fees.
đź”— Read the article on youtube.com
[This is an automatically generated summary, for reference only]
Taking out a quick loan can sometimes become a trap due to how some companies circumvent the law using unfair clauses regarding penalties, fees, or other tactics; this is discussed with lawyer Bogomil Yordanov, who has worked with hundreds of clients of payday lenders.
PULSE is an initiative coordinated by OBCT that has been promoting intensive journalistic cross-border collaborations in Europe since 2024. Its main aim is to help strengthen the European public sphere by reporting on and telling stories from new and diverse perspectives.
At the heart of PULSE are 10 leading national news outlets (Delfi – Lithuania, DenĂk Referendum – Czechia, Der Standard – Austria, EfSyn – Greece, El Confidencial – Spain, Gazeta Wyborcza – Poland, HotNews – Romania, HVG – Hungary, Il Sole 24 Ore – Italy, Mediapool – Bulgaria) and three transnational organisations, including OBCT , n-ost and Voxeurop .
Additional outlets and journalists are involved as associate partners, including EUobserver , Føljeton (Denmark), H-Alter (Croatia), Levila (Estonia), Rubryka (Ukraine), and The Journal Investigates (Ireland).
PULSE is driven by a sort of virtual transnational newsroom made up of journalists from all the publications involved. It collaboratively produces new journalistic content on European issues on a daily basis, coming in many different languages. The editorial output amounts to over a thousand publications per year, mostly in article form.
PULSE also runs 4 thematic networks open to any European journalist interested in crucial issues such as EU enlargement, relations between the EU and other global powers, the EU’s green transition, or media and the information society. These networks function as online communities and periodically publish calls for pitches.
