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Payday Loans

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MoneySavingExpert.com creator Martin Lewis has criticised payday lenders in a meeting with MPs, saying: "I think we'd all be a lot better off without them."
5 November 2013
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Labour party leader Ed Miliband plans to introduce a new tax on payday lenders if his party is elected into government in 2015.
17 October 2013
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Borrowers using peer-to-peer sites are edging closer to a better protected lending and borrowing environment, following new plans outlined by the Financial Conduct Authority (FCA) today.
3 October 2013
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The days of shoddy payday loan practices could be numbered after the Financial Conduct Authority (FCA) today announced plans to crackdown on the industry.
3 October 2013
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More than one in three of the payday lenders ordered by the Office of Fair Trading (OFT) to prove their practices are up to scratch have decided to quit the industry.
14 August 2013
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Payday loan customers are being urged to "fight back" if they've been mistreated by a lender, by making a free complaint to the financial ombudsman.
5 August 2013
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The Archbishop of Canterbury has told Wonga the Church of England wants to "compete" it out of existence as part of plans to expand credit unions as an alternative to payday lenders.
25 July 2013
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Payday loan firm QuickQuid has admitted it got hold of non-customer details from third parties, following last week's huge blunder when it emailed many consumers with incorrect demands for cash.
19 July 2013

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