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Older News Stories

QuickQuid and Pounds to Pocket to refund 1.7m to 4,000 payday loan borrowers

CashEuroNet UK LLC, trading as QuickQuid and Pounds to Pocket, lent some customers more than they could afford to repay

Payday lender Dollar to refund over 15m to 147,000 borrowers

Dollar, trading as The Money Shop, Payday UK, Payday Express and Ladder Loans, lent many more than they could afford

Guest Comment: How Sheffield City Council is supporting payday loan alternatives

Sheffield City Council has supported the setup of a not-for-profit organisation tackling unfair access to finance

Payday loan ads could be banned from kids' TV

The advertising watchdog has launched a consultation on whether to restrict when payday loan adverts are broadcast on TV

Payday lender Cash Genie to pay 10m redress for 'serious failings'

More than 92,000 customers of payday loan firm, Cash Genie, are due a share of 10m in redress

Wonga launches new TV ad campaign, which it says won't be shown on kids' TV

Payday lender Wonga is launching a new advertising campaign after ditching its controversial puppet ads

PPI complaints down, but payday loan gripes soar, says Ombudsman

Complaints about Payment Protection Insurance (PPI) have halved, while those about packaged bank accounts have risen

Payday lenders are failing customers in arrears

Payday lenders are "failing customers in arrears" and using "unacceptable practices", a review of the market has found

Payday lenders must be on comparison sites from next year

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

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

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

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