The Financial Conduct Authority (FCA) is to launch an investigation into the short-term high-cost loan industry, as new research suggests Britain’s high streets have one payday...
The majority of Britons support a ban on all advertisements by payday loan companies, new figures released on Thursday suggest. Payday loans firms have been criticised...
Representatives from three of the UK’s biggest players in the payday lending industry have appeared before MPs to answer questions after allegations of bad practice emerged....
Payday lenders such as Wonga, QuickQuid and Payday UK have been criticised by consumer groups, politicians and even the archbishop of Canterbury in recent weeks, over...
Payday lender Wonga has expanded its global reach to consumers after acquiring German company BillPay. Amid the controversy, criticism and fierce political debate about whether payday...
The Citizens’ Advice Bureau (CAB) claims that 32 million people across the UK have been the victim of nuisance calls regarding payment protection insurance (PPI). The...
The charity Citizens Advice Bureau (CAB) has reported an ‘alarming’ 78% increase in enquiries made to food banks across the UK. The figures, which were made public...
Payday lenders heap pressure on borrowers, fail to undertake sufficient background checks and even lend money to people who are drunk or have mental health issues,...