OFT

Nearly two years after admitting it breached the Consumer Credit Act, the Co-op Bank continues to refund customers

18 June 2015

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

5 February 2015

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

14 July 2014

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

25 June 2014

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

1 April 2014

The way payday lenders collect debts and deal with borrowers who owe them money will come under the spotlight next month

12 March 2014

Payday lenders will have to ensure customers can afford loans and face having misleading ads banned under new FCA rules

28 February 2014