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Payday loan complaints reach five-year high
Complaints against payday lenders have soared to a five-year high, the industry watchdog has said. There were nearly 40,000 new complaints brought last year, up a "startling" 130% on the 17,000 the previous year, the Financial Ombudsman Service said. In too many cases people have been left...
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Payday lending: Quick Quid owner agrees to refund £1.7m (CashEuroNet)
Payday lending: Quick Quid owner agrees to refund £1.7m (CashEuroNet)
This is a duplicate of the Blog Entry made on: 4th November 2015 12:03
A payday loan company has agreed to refund thousands of customers who took out loans they could not afford....
Up to 4,000 customers
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FCA consults on remedies for payday loan price comparison websites
FCA consults on remedies for payday loan price comparison websites
This is a duplicate of the Blog Entry made on: 28th October 2015 15:48
Price comparison websites (PCWs) showing payday loans will have to rank products in order according to the total amount payable, under new proposals....
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There back again! - Wonga aims for reinvention in new payday lending ads
There back again! - Wonga aims for reinvention in new payday lending ads
This is a duplicate of the Blog Entry made on 19th May 2015 08:06.
*Short-term lender Wonga has swapped its controversial puppets for "hard-working dinner ladies and mums" as it bids to reinvent...
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Cuddly puppets axed as Wonga attempts big clean-up
Cuddly puppets axed as Wonga attempts big clean-up
This is a duplicate of the Blog Entry made on 14th July 2014 13:35.
*After its regular appearances as the whipping boy for all that is bad in payday lending, Wonga is attempting to offer a new face to customers - and......
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Payday lending ad breached responsible advertising code
Payday lending ad breached responsible advertising code
This is a duplicate of the Blog Entry made on 29th January 2014 16:15.
A TV advert for Instant Cash Loans Ltd has been branded
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Payday lenders facing MPs' questions
Payday lenders facing MPs' questions
This is a duplicate of the Blog Entry made on 5th November 2013 09:47.
*Payday lending is being put under the microscope by MPs amid a defence from one of the industry's biggest players.* Members of the Business Select...
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Third major investigation into payday lending expected
Third major investigation into payday lending expected
This is a duplicate of the Blog Entry made on 15th September 2013 10:44.
*.......to result in complete overhaul of sector with stringent new controls on lenders* The third major investigation into payday lending in......
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Investigation to look
Investigation to look
This is a duplicate of the Blog Entry made on 15th August 2013 19:26.
The Competition Commission (CC) has confirmed that it has started its own investigation into the payday lending industry after the market was ...
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10x Payday lenders surrender licences after OFT pressure
10x Payday lenders surrender licences after OFT pressure
This is a duplicate of the Blog Entry made on 10th July 2013 14:45.
The regulator has revealed that 10 lenders have exited the payday lending market after it wrote to 50 firms to request they improve their practices.......
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Council blocks payday sites to residents
Council blocks payday sites to residents
This is a duplicate of the Blog Entry made on 26th June 2013 19:25.
Cheshire East Council has blocked access to payday loan websites on its public computers. The local authority said its cabinet agreed to restrict...
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Payday lending summit is called by ministers
Payday lending summit is called by ministers
This is a duplicate of the Blog Entry made on 25th June 2013 16:22.
Lenders, regulators and government ministers are being summoned to a summit about the UK's payday loans industry next week. The meeting aims to come...
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Could payday lenders cause another credit crunch?
Could payday lenders cause another credit crunch?
This is a duplicate of the Blog Entry made on 19th June 2013 16:03.
A ban from the advertising watchdog lifts the lid on the murky world of payday lending. FirstPayDayLoanUK is the latest payday lender to get its...
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CFA launches payday lending watchdog
CFA launches payday lending watchdog
This is a duplicate of the Blog Entry made on 13th May 2013 17:38.
A new industry watchdog has been set up with the aim to raise standards in the payday lending sector and told lenders to “shape up or ship out”....
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CFA response to Which? payday lending research
CFA response to Which? payday lending research
This is a duplicate of the Blog Entry made on 8th November 2012 18:25.
Commenting on today’s report from Which? into payday lending, Russell Hamblin-Boone, Chief Executive of the Consumer Finance Association (CFA), said:......