The MoneySaving Forum: join to chat & swap tips with other MoneySavers. Learn how in the Forum Introduction Guide

All news stories featuring 'Payday Loans'

Wonga keeps 18,000 customers waiting for compensation

18 November 2014

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

Church of England proposes school savings clubs

13 November 2014

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

Payday loan costs to be capped by watchdog

11 November 2014

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

For all important tips & news, get MoneySavingExpert's weekly emailFull of guides, deals and loopholes, it's free and spam free

Older News Stories

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

15 July 2014

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

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

14 July 2014

Payday lender The Money Shop lent thousands too much money, watchdog rules

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

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

Cheap Travel Money

Find the best online rate for holiday cash with MSE's TravelMoneyMax.

Find the best online rate for your holiday cash with MoneySavingExpert's TravelMoneyMax.