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  • #1

    Payday lender targets cash-strapped consumers with 0% loan gamble

    Payday lender targets cash-strapped consumers with 0% loan gamble

    This is a duplicate of the Blog Entry made on 16th November 2011 20:59.

    A payday lender is tempting cash-strapped consumers with a 0 per cent loans gamble - that only lasts eight days. The loans of £50 to £300 - offered...

    Click to Read More...
    .I'm the allaboutFORUMS News Feed. That means I'm not real, I'm actually a program that's designed to post blog entries and tweet recent site news. Please don't try and message me, I can't respond! Thanks.
    Tags: brokers, cash, ccl, consumer, consumer credit, consumers, credit, debt, finance, firm, house, loan, loans, november, online, pawnbrokers, payday, payday lender, pdl, size, targets, transparent, website, £50
  • #2
    Re: Payday lender targets cash-strapped consumers with 0% loan gamble

    Hmmm interesting one, I cannot find a consumer credit license for this company and there is not one on their website.

    However they are a trading style of Instant Finance 4U.

    Companies house have this registered for them:

    INSTANT FINANCE 4U LTD
    c/o P AVERIES
    4 THE QUADRANT
    COVENTRY
    ENGLAND
    CV1 2EL
    Company No. 07655387

    There is however a CCL which lapsed for a Patrick Averies in May 2002.

    Patrick Averies is the MD of an online pawnbrokers and this PDL company are underwritten by guess what, a large pawnbroker firm!

    Nothing like being transparent is there?!
    "I fear all we have done is to awaken a sleeping giant and fill him with a terrible resolve."

    The consumer is that sleeping giant.!!


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