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All news stories featuring 'Payday Loans'

Payday loans cap will slash costs, regulator says

15 July 2014

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

Tell the regulator: Has it got payday loan cap right?

15 July 2014

Today, the FCA is proposing a cap on payday loans to stop excessive charges being passed on to customers

Payday lender The Money Shop lent thousands too much money

14 July 2014

Over 6,000 borrowers who were lent more than they could afford are to be refunded a combined total of more than £700,000

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Older News Stories

8 July 2014

'Stigma' stops payday loan complaints, Ombudsman says

Complaints about payday lenders have more than doubled in the last two years but the 'stigma's' holding others back

4 July 2014

300,000 graduates sent fake debt collection firm letters by Student Loans Company

The Student Loans Company's letter purports to be from a debt recovery firm called "Smith Lawson & Company"

1 July 2014

Payday lenders face rollover crackdown from today

Payday lenders will no longer be able to roll over loans more than twice from today

27 June 2014

Is it just Wonga? Send us your debt demands from fake lawyers

MoneySavingExpert is calling for you to email us copies of any letters you've received from fake lawyers chasing debts

25 June 2014

Wonga to pay £2.6m after threatening borrowers with fake lawyers

Wonga pressured 45,000 customers into repaying payday loans by sending letters from non-existent law firms chasing debt

13 June 2014

Martin Lewis OBE: Congratulations from the MSE team

Martin has tonight been awarded an OBE in the Queen's birthday honours list

11 June 2014

Church of England releases rap song to highlight payday loan dangers

The Church of England's released a rap song featuring Martin Lewis which warns of the dangers of taking out payday loans

10 June 2014

Bill to curb TV payday loan ads comes to Parliament

A Bill calling for payday loan adverts to be banned between 5.30am and 9pm has been heard in Parliament

28 May 2014

Speedy Cash 'photos with Santa' flyer branded 'irresponsible' by watchdog

The ASA has told payday lender Speedy Cash not to target ads for its in-store events at families with children

15 May 2014

Beware - Payday loan brokers posing as credit unions online

Payday loan brokers are posing as credit unions in an attempt to lure new customers, a real credit union warns

3 April 2014

Financial regulator to probe credit card market

The FCA is to scrutinise whether competition in the UK's £150bn credit card market is working well for borrowers

1 April 2014

Payday lenders must comply with new rules from today

The FCA promises 'tough and decisive action' against payday lenders that do not follow its strict new rules

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