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Payday Loans

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Payday loan adverts from Wonga, Pounds to Pocket and Peachy.co.uk have been reported to the advertising watchdog by Citizens Advice.
4 March 2014
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Payday lenders will have to make sure their customers can afford their loans and face having misleading ads banned under new rules to crack down on the industry.
28 February 2014
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Payday loan firm Speedy Cash has been accused of "preying on children" by MoneySavingExpert.com, after handing out leaflets enticing families into payday loan shops with the promise of "free photos with Santa".
24 January 2014
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Credit brokers are preying on cash-strapped borrowers by posing as payday lenders and charging unexpected fees for organising loans, according to evidence compiled by Citizens Advice.
20 January 2014
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Payday loan firms including Wonga are to start using a new "real-time" information sharing service about consumers' borrowing habits.
15 January 2014
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A group of MPs has joined MoneySavingExpert.com's calls to ban payday loan adverts from being shown on children's TV.
20 December 2013
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A new credit union, My Community Bank, has launched, offering table-topping rates to savers across the UK.
25 November 2013
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George Osborne has announced the Government will cap the costs of controversial payday loans – but full details of how it will work haven't yet been set out.
25 November 2013
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Tenants living in rented homes would have better access to bank accounts and credit if information about rent payments was added to their credit rating, says Experian.
11 November 2013
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Ed Miliband has backed MoneySavingExpert.com's campaign to stop adverts for payday loans being shown during children's programmes, warning Labour would change the law to ban them if necessary.
11 November 2013

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