The payday loan industry, which includes Wonga, PaydayUK and QuickQuid, is worth £2 billion and is now subject to an inquiry by the competition commission. Concerns...
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,...
Housing charity Shelter claim that almost a million people have turned to controversial payday loan schemes in order to pay their mortgage or rent. Labour and Co-operative...