Consumer groups say the interest rates charged on what are designed to be short-term loans are as much as 4,000% APR, and that low-income borrowers often end up rolling over their borrowings and accruing large debts.
If interbank rates remain stable, they can simply roll over their borrowings.
As his debts soared to billions of euros, Ireland's one-time richest man Sean Quinn admitted to the Republic's financial regulator that he needed to be "reined in" over his borrowings from the now defunct Anglo Irish Bank, the trial of three bankers heard on Friday.
Ehrenreich's project may be limited, but it is not wrecked, by a warmed-over quality in borrowings from Max Weber, or a breezy equivalence of Wahhabism and Calvinism.
According to Fitch, a credit-rating agency, Greece needs to raise €51 billion this year to cover its budget deficit, to roll over its short-term borrowings and to redeem its maturing longer-term debt, much of which comes due in April and May.In this section Garrottes and sticks New plan, new people?
It has been published amid a minor storm in the States over Sontag's borrowings from the real-life career and memoirs of one Helena Modjeska.
If Nyman's score is the familiar mixture of sly riffs and cunning borrowings, over which the vocal lines are sometimes precariously suspended, it is the superbly crafted libretto by Michael Hastings that gives the work its dramatic shape and expressive texture.
Today the social housing sector holds over £52bn in private borrowings.
As well as turning over existing short-term borrowings of some $18 trillion, Western banks have to refinance longer-term debts that are maturing at the rate of about $1.5 trillion a year.
For a Ratesetter loan, they must be over 24, with minimal borrowings, and no history of bad debt, while at Zopa they must be at least 20 years old.
