H&T Pawnbrokers has confirmed it is withdrawing from the payday loan market as it prepares to launch an “improved” unsecured product. H&T Group, which trades under the H&T Pawnbrokers brand, confirmed its payday advance loan book is in run-off mode and that it has reduced the number of applications being accepted. Steve Fenerty, commercial director at H&T Group, told Credit Today the company has been taking a “cautious view” of its payday product since early 2012 and that increased regulatory scrutiny was behind its decision to pull out......Read more here