Payday loan company Wonga has announced that it has entered an agreement with the Financial Conduct Authority (FCA) in a move that will see it make substantial changes to its…
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One in five payday loan customers have not been told about the potential risks of extending the period of their borrowing, new research has found. A study by Citizens Advice…
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Payday loan companies present a very compelling case that short-term borrowing can be a viable option when trying to get out of debt. Payday loan companies regularly charge interest fees…
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Payday loans have become a major part of life in Britain in recent years and for many families, using them is the only way they feel they can get through…
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One of the problems people have with debt is that once you're in it, it can be very hard to get out. Just one unexpected bill, for instance if the…
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Payday lenders have recently been very much in the news, with Wonga being singled out for severe criticism after it was discovered that it had sent out letters threatening legal…
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News of caps on payday loan charges which are due to come into effect in January 2015 has renewed calls from consumer groups and campaigners for a similar cap on…
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Mortgage market rules change constantly but the basis for lending someone hundreds of thousands of pounds to buy a house is the same. Banks operate on a simple premise: will…
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