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Payday lender 247 Moneybox enters administration

Payday lender 247 Moneybox has gone into administration and all new lending activity has c...

  • Dec 03, 2019
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Brokers warn over ‘early payday’ service Wagestream ‒ analysis

Borrowers that take advantage of a service which allows them to access some of their month...

  • Jun 21, 2019
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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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Mortgage complaints just 2% of Ombudsman workload

Financial Ombudsman data showed house mortgage complaints from consumers made just 2% of t...

  • Oct 24, 2017
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Doorstep lender Provident reveals FCA investigation and potential £120m loss

Doorstep lender Provident has revealed it expects to make a loss of between £80m and £12...

  • Aug 22, 2017
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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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Bucks BS offers discount mortgage to credit repair borrowers

Buckinghamshire Building Society has launched a three-year discount mortgage for borrowers...

  • Jan 19, 2017
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Payday loan rate cap under review as fears mount over extortionate lending

The interest rate cap on payday loans and charges on unarranged overdrafts are to be revie...

  • Nov 29, 2016
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