Tag Result: payday loans
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...
How to help borrowers with credit issues – Marketwatch
Payday loan and debt management firms have both come under heavy fire from the regulator a...
Payday firm CFO Lending to offer £34m redress for ‘unfair’ consumer treatment
CFO Lending has agreed to pay over £34m of redress to more than 97,000 customers for unfa...
FCA urged to crack down on ‘irresponsible’ payday lenders flouting guidance
A number of payday lenders are still failing to carry out checks on borrowers despite regu...
Complaints about payday loans almost triple in a year
Complaints to the financial ombudsman about payday loans have almost tripled in a year, de...
Google to ban ‘deceptive and harmful’ payday loan ads
Google will refuse to accept cash from payday loan lenders for ad listings promoting short...
Wonga sales plummet as fair lending ‘transformation’ bites
Wonga’s sales fell by 64% last year as the payday lender underwent a ‘transformationâ€...
Wonga acquires £25m debt funding in bid to clean up reputation
Short-term loans provider Wonga has secured a £25m debt facility to provide funding for n...
Over 1,400 credit firms exit sector amid FCA crackdown
Over 1,400 consumer credit firms have left the industry since 2014 as stricter conduct rul...
Payday lender goes into liquidation following customer redress
Payday lender Cash Genie has voluntarily entered into a solvent liquidation, following an ...