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Amigo under fire over lax affordability checks but avoids £73m fine

Amigo has received a ticking off from the financial watchdog over inadequate affordability...

  • Feb 14, 2023
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FOS levy up £20m as payday lending complaints soar

The Financial Ombudsman Service (FOS) is planning to raise its levy for 2019/20 by £20m t...

  • Dec 17, 2018
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Regulator sends warning to payday lenders

The financial regulator has written to payday lenders reminding them of their responsibili...

  • Oct 15, 2018
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New payday loan rules come into force

New rules have come into effect requiring online payday lenders to publish details of thei...

  • May 30, 2017
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Payday firm in administration months after agreeing £34m redress deal

Payday lender CFO Lending has entered administration just a few months after agreeing to p...

  • Apr 13, 2017
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