MoneySavingExpert News

Payday Loans

Google bans payday loan ads to protect users from 'harmful financial products'

Payday lenders will no longer be able to advertise on Google from 13 July

12 May 2016

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

4 November 2015

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