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Is it possible to stop payday loans?
Hello, I do have a payday loan from a three different third party company of 6500 pounds and they are still active by managing with late payments from the past 4 months due to the loss of my current job. So will I able to manage to stop these loans by contacting the lenders and explain the situation... -
Debt/income expenditure form
Hi. Im new here and looking for some help.
A bit of background info:
I was in debt for a good few years starting about 8 years ago. Eventually cleared it up via a DMP 3 ish years ago. My credit score was destroyed then and still hasnt recovered but is very slowly creeping... -
Google bans 'deceptive' payday loan adverts from search results
Google bans 'deceptive' payday loan adverts from search results
This is a duplicate of the Blog Entry made on: 16th May 2016 16:16
Google is banning adverts for payday lenders from its search results, adding the short-term loan industry to a blacklist that includes guns, tobacco... -
Payday lender Wonga saw losses double in 2015
Payday lender Wonga saw losses double in 2015
This is a duplicate of the Blog Entry made on: 4th May 2016 19:24
The UK's biggest payday lender - Wonga - saw its losses double last year as tougher regulation in the industry continued to bite....
The short-term lender saw -
Credit unions need more freedom to rival payday lenders and banks, says Bank of England
Credit unions need more freedom to rival payday lenders and banks, says Bank of England
This is a duplicate of the Blog Entry made on 25th June 2015 12:15.
*PRA tries to give consumers confidence that they will not lose their money if a credit union fails* Credit unions need... -
Sorry, our rate was 1,256 per cent not 434 per cent, says payday lender
Sorry, our rate was 1,256 per cent not 434 per cent, says payday lender
This is a duplicate of the Blog Entry made on 5th April 2015 18:58.
One of Britain’s longest established payday lenders has admitted that it was ‘slightly incorrect’ in calculating its interest... -
Many payday lenders still failing borrowers, says FCA
Many payday lenders still failing borrowers, says FCA
This is a duplicate of the Blog Entry made on 10th March 2015 12:00.
*Too many payday lenders are still failing to be fair to customers who have fallen into arrears, according to the Financial Conduct Authority (FCA).*...... -
Payday loan charges 'to be driven lower' by tough competition rules
Payday loan charges 'to be driven lower' by tough competition rules
This is a duplicate of the Blog Entry made on 24th February 2015 14:17.
*Competition and Markets Authority closes investigation by ordering payday lenders to be up front about costs* Payday lenders will be... -
FCA price cap on payday lenders to 'put an end to spiralling debt'
FCA price cap on payday lenders to 'put an end to spiralling debt'
This is a duplicate of the Blog Entry made on 11th November 2014 09:45.
*City regulator confirms proposals to cap interest and fees on payday loans in an unprecedented crackdown on the industry* Borrowers... -
Farewell payday lenders, welcome loan sharks?
Farewell payday lenders, welcome loan sharks?
This is a duplicate of the Blog Entry made on 9th October 2014 10:43.
*This morning, the screw that is being slowly tightened on the payday loan industry was given another couple of swift turns.* The Competition and...
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Poor reporting on Payday Loans
I had this article forwarded to me in email this morning:
http://www.dailymail.co.uk/money/car...tly-loans.html
While any new restrictions on the PDL industry is welcome what is depressing is the poor reporting with regard... -
FCA proposes payday loans cap of 0.8% per day
FCA proposes payday loans cap of 0.8% per day
This is a duplicate of the Blog Entry made on 15th July 2014 09:04.
*Plans for a cap on the amount that payday lenders can charge their customers have been announced by the City regulator.* Payday loan rates should...
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Retailers form credit union to thwart payday lenders
Retailers form credit union to thwart payday lenders
This is a duplicate of the Blog Entry made on 2nd June 2014 14:34.
Some of the UK’s major high street names are in the process of forming a credit union to offer staff a cheaper alternative to payday lenders....
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Parliamentary plans to impose levy on payday lenders stumble at first hurdle
Parliamentary plans to impose levy on payday lenders stumble at first hurdle
This is a duplicate of the Blog Entry made on 20th May 2014 09:14.
after key clause fails to make it into Consumer Rights Bill through lack of timeParliamentary plans to impose an annual £13 million... -
QuickQuid owner Cash America told to open office in Britain
QuickQuid owner Cash America told to open office in Britain
This is a duplicate of the Blog Entry made on 27th April 2014 10:37.
*in latest clampdown by watchdog on payday lenders* The City watchdog has demanded that an American payday giant operating in Britain opens...
