A group of MPs are calling for greater restrictions on payday loan firms’ advertising strategies, after a report by the Citizens Advice Bureau revealed they were...
Payday lenders have come under more fire after figures released by watchdog Ofcom found that almost 400,000 adverts for the controversial companies were shown on TV...
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....
A one-off evidence session looking into the regulation of the payday lender industry will be held on November 5 at the Palace of Westminster, London. The...
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...
The archbishop of Canterbury has waged an economic war on payday lenders, with his weapon of choice being church-backed credit unions. In an interview with Total...
The government is to conduct a study into the impact of payday loan adverts, in an effort to crack down on the irresponsible sales activity displayed...
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...