R3, which symbolizes "professionals using economically hopeless people and businesses", bases their declare on interviews with 2,000 individuals.
John Lamidey, from the customer economic relation, which symbolize payday loan employers, disputed the data.
Downing block says it really is looking to bring in a marketplace code of practise.
Some 60 percent among those reviewed worried about the company’s amount of loans, and 45% struggled to make their funds latest till payday, R3 believed.
R3 claims the study explains funds concern at highest degree it provides ever taped, and shoppers body have actually required harder law around cash loans.
Payday advances are actually smaller, short term quick unsecured loans created to tide customers over until are their wage.
The research found 45per cent among those challenged battled to get to paycheck, increasing to 62% for 24-44 spring olds.
One in six were alleged "zombie debtors", who happen to be simply capable serving the interest to their financial obligations.
The cash advance companies are now actually a ?2bn-a-year company, says BBC correspondent Andrew Hosken.
If funds are paid back promptly regarding the subsequent payday, this kind of loaning is generally cheaper than spending an unauthorised over-limit or a bank card charge.
If however the financing – some charging you rates of interest greater than 4,000percent – tend to be rolling above, debts can easily turn. One wife told the BBC she pilfered ?300 so owes ?720.
"You will get into a period that you're only settling these tiny amount convinced it's manageable, not just realising an individual're racking it," she said.
But the chief executive with the Consumer funds connections, John Lamidey, claimed: "Only 1 / 2 the person populace utilizes account whatsoever, this means you've have to bump that by 50 percent. So I'm truly sceptical about these rates.
"They've extrapolated from a, very tiny design. Our personal skills is the fact 94percent of the customers are entirely very happy with the item that they're receiving, 97% state that the borrowed funds is totally transparent and 86per cent state that they’d endorse somebody."
Latest thirty day period the individuals' Advice Bureau alerted the volume of group running into financial obligation through payday loans provides quadrupled in two several years.
They says its way too an easy task to obtain this type of account as well as being demanding firmer regulations, together with buyer Focus your attention, the UK's recognized buyers watchdog.
"We would like to determine practical shields put in place to cease pay day loan users from obtaining found in debt catches," mentioned Sarah Brooks, movie director of monetary work at customer attention.
"Key to that idea happens to be reducing the volume of lending, or roll-overs, that individuals requires call at annually to five."
But customer Minister Ed Davey said more challenging methods could thrust someone in to the arms of prohibited mortgage pro players.
Sarah Pennells, president of Savvywoman.co.uk, which provides economic tips on female, says there is the matter around exactly how firms determine that provide loans to.
"I do think that (payday loans) agencies would state that online title loan in OH a lot of everyone is using these people out for convenience plus they recognize there's an amount but they simply want this money rapidly," she instructed the BBC Information Channel.
"Talk to obligations pointers charities and a really various photograph emerges. They are saying that the majority of someone these people notice who will be having troubles with payday loans get many loans.
"One foundation we chatted to claimed the common is three-and-a-half loans, some had 10, some have 14. People without having any money are increasingly being offered pay day loans (and) people who have a lot of money of some other financial obligations.
"That's just where most of the problem is actually developing. Exactly how will they be verifying? Are they checking out?"
Key Minister David Cameron's certified spokesman said the federal government am working together with a and consumer organizations on the concern.
The guy extra: "You should be careful if intervening found in this type of marketplace it don't possess the effect of lowering having access to credit for some, and you also have to be cautious you don't motivate everyone towards money sharks by bringing in rules.
"It is very important to acquire the equilibrium ideal, but in addition our company is most taken on the value of preserving weak visitors."
The buyer account therapy solution directed payday advance loan should be treated as a final resort.
"If you will do just take you up, you need to can pay in full basically some time and never roll the loan over from just one period to another location," claimed Delroy Corinaldi, manager of exterior issues.
"If you see you’ll can't payback and get to move the loan over, it is necessary that you simply search complimentary assistance from a debt cause as early as possible."