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All news stories featuring 'Payday Loans'

Payday lenders must be on comparison sites from next year

24 February 2015

Online payday lenders will be forced to publish details of their products on at least one price comparison website

Wonga escapes police probe over 'fake' lawyer letters

5 February 2015

City of London Police says it won't carry out a criminal investigation into Wonga's dodgy debt collection practices

New payday loan rules come into effect today

2 January 2015

Vulnerable borrowers will be better protected from today as new rules to crack down on payday lenders come into force

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Older News Stories

31 December 2014

Government gives green light to school savings clubs

The Government's announced it will fund £150,000 for a pilot scheme to set up savings clubs in primary schools

1 December 2014

Payday loan broker crackdown revealed

A crackdown on unexpected fees charged by payday loan middlemen has been unveiled by the Financial Conduct Authority

18 November 2014

Wonga keeps 18,000 customers waiting for compensation

Of the 45,000 customers who got fake lawyer letters from payday lender Wonga, 18,000 have yet to get compensation offers

13 November 2014

Church of England proposes school savings clubs

Children as young as four are encouraged to join savings clubs as part of a bid to prevent them relying on payday loans

11 November 2014

Payday loan costs to be capped by watchdog

People taking out payday loans will never have to pay back more than double what they originally borrowed, the FCA says

29 October 2014

Payday loan brokers catching hard-up consumers out, warns NatWest

Payday loan brokers made more than one million attempts to remove money from accounts, according to NatWest

9 October 2014

Payday loan firms to be forced onto comparison sites

Payday lenders will be forced to provide details of their products on comparison websites, under proposals from the CMA

2 October 2014

Wonga busted by the FCA: 330,000 to have their loan wiped

All Wonga customers who are 30 days or more in arrears on their loans will have the balance completely written off

15 September 2014

Guest comment: 'Payday loan ads should be banned before the watershed'

The Children's Society is calling for a change in law to ban payday loan adverts from TV and radio before 9pm

2 September 2014

Payday loan debt problems soar

The number of people struggling to cope with payday loan debts has risen by more than 13,000 in the past year

19 August 2014

Complaints about 'payday loan middlemen' soar

Complaints about 'Payday loan middlemen' sites that take money from people's accounts have doubled in the last year

15 July 2014

Payday loans cap will slash costs, regulator says

The FCA says the cost of payday loans and other high-cost short-term credit will fall 'significantly' under its plans

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