R3, which signifies "professionals working for financially hopeless everyone and businesses", bases their claim on interviews with 2,000 customers.
John Lamidey, from the buyers Finance relationship, which shows cash advance providers, disputed the rates.
Downing block claims really searching bring in an industry code of application.
Some 60% regarding surveyed concerned about their unique degree of financial obligation, and 45percent battled to produce their cash final till payday, installment loans in Utah R3 said.
R3 says the survey explains bucks fears in the top stage there are previously taped, and buyers figures need called for more challenging control around payday advance loan.
Pay day loans are generally tiny, temporary loans made to tide everyone over until are her salary.
The research realized 45per cent of these interrogate battled to make it to pay-day, growing to 62% for 24-44 spring olds.
One in six tends to be so-called "zombie debtors", who’re merely able to service the attention on their credit.
The pay day loan corporations are now actually a ?2bn-a-year companies, says BBC correspondent Andrew Hosken.
If funds are paid back promptly regarding the subsequent payday, this lending can be cheaper than having to pay an unauthorized overdraft or a credit card cost.
However, if the debts – some battery charging interest rates greater than 4,000percent – is rolling on, obligations can quickly intensify. One female advised the BBC she pilfered ?300 now owes ?720.
"You will get into a bicycle that you're just settling these tiny volumes thought it's workable, not understanding you're racking it up," she explained.