MSE News

Payday Loans

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

26 October 2015

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

23 October 2015

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

8 October 2015

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

27 July 2015

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

19 May 2015

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

19 May 2015

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

24 February 2015

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

5 February 2015

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

2 January 2015

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