Hi All
I've noticed the last 4-5 months that there are (relatively) few PDL problems on the forum (and others who I try to redirect here). Perhaps it could be that the FCA are getting something right and the close inspection of the PDL industry is causing the big lenders to 'behave'....
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Payday Loan Issues quiet on forums
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Lack of competition costs payday borrowers dear
Lack of competition costs payday borrowers dear
This is a duplicate of the Blog Entry made on 11th June 2014 15:24.
A lack of price competition means payday loan customers pay too much for their loans, according to the Competition and Markets Authority (CMA). In a...
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Cheque Centre stops selling single repayment payday loans
Cheque Centre stops selling single repayment payday loans
This is a duplicate of the Blog Entry made on 13th May 2014 16:47.
FCA PRESS RELEASE: A major UK payday lender has exited the single instalment payday loan market (i.e. loans that must be repaid in one lump sum)...... -
MotorMile Finance Harassment
Interestingly I've received a few calls and texts from some clowns called MMF -> http://www.mmile.com
I've just sent an online message and told them if they contact me again I'll sue em!! Cheeky feckers - wonder if they realise just what they've started by contacting me (clearly the... -
Barclays new overdraft rates nearly as bad as payday loans
Barclays new overdraft rates nearly as bad as payday loans
This is a duplicate of the Blog Entry made on 19th April 2014 11:59.
*Banks being investigated by regulator over charges* * *Financial Conduct Authority is investigating new charges being introduced* *...
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PayDay Debts - Hindsight is a wonderful thing
Hey everyone
So the majority of my debt £8k is Payday loans.
The following companies are ones that I owe -
Wonga
Payday UK
QuickQuid
myJAR (Previously Txt4Loan)
WageDayAdvance
MiniCredit
SpeedyCredit (Now in administration?)... -
Payday loan advert ban on children's TV ruled out
Payday loan advert ban on children's TV ruled out
This is a duplicate of the Blog Entry made on 25th March 2014 14:49.
*Payday loan adverts could still be aired on children's TV despite a call from a committee of MPs for a ban. A report...
Click to Read More.... -
Payday loan advert ban on children's TV ruled out
Payday loan advert ban on children's TV ruled out
This is a duplicate of the Blog Entry made on 24th March 2014 17:46.
Payday loan adverts could still be aired on children's TV despite a call from a committee of MPs for a ban. A report...
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Sport relief piece on BBC1
Did anyone else watch the two Sport relief pieces BBC1 has done the last couple of nights, dealing with breadline living and utter food poverty.
They were all affected by debt in one form or another, but the one that got me was tonight.
Famous Rich and Hungry available here: http://www.... -
Riz started a topic Payday loan companies encouraged to switch to direct debits as they are less regulated?in Payday LoansPayday loan companies encouraged to switch to direct debits as they are less regulated?
Slightly concerning email I saw earlier, suggesting that PDL companies may switch to direct debits as it is easier for them to abuse that system when taking payments instead of CPAs now that the FCA is toughening up on those?... -
rogue payday loan firm targets the jobless 'by standing outside job centres
rogue payday loan firm targets the jobless 'by standing outside job centres
This is a duplicate of the Blog Entry made on 10th March 2014 11:09.
*and handing out leaflets'* * *The Cheque Centre 'sends staff to stand outside jobcentres and give leaflets' * * *Claim... -
Arc Europe & Trevor Munn Solicitors
Hi All
I've posted this here as Arc Europe and Trevor Munn Solicitors were regularly used by Quickquid in the collection of payday loan debts. As those who follow my UE diary would know their practices were questionable and this was confirmed last year by Trevor Munn receiving a good spanking... -
Payday Loan Companies - Competition Commission Study
Hi All
When dealing with payday loan companies you start to find that the glossy facade of the website that you probably applied for your loan through is actually a murky front end to a convoluted financial enterprise that is typically not based in the UK.
This world was investigated... -
Debt charity reports big rise in payday loan problems
Debt charity reports big rise in payday loan problems
This is a duplicate of the Blog Entry made on 27th February 2014 08:07.
A leading debt advice charity says it has seen a big rise in the number of clients with payday loan problems. StepChange Debt Charity says...... -
Welcome to lolax
Hi lolaxand welcome
I am sure you will find the help you need, if we can kindly ask you to check through the following links to get used to the surroundings first:-
We don't...