Loans

Children exposed to 70 payday loans TV ads last year

Tuesday, 10 December 2013 | News

The number of payday loans adverts appearing on television rocketed from 17,000 in 2009 to 243,000 in 2011 and 397,000 in 2012 - a 2,235% increase in three years.

Government to cap interest on payday loans

Monday, 25 November 2013 | News

The government is to impose a cap on the level of interest payday lenders can charge borrowers, performing something of a U-turn after stating earlier this year it would not seek to do so.

P2P loans to finance giffgaff mobile handsets

Friday, 22 November 2013 | News

RateSetter has teamed up with giffgaff to finance phone handsets through peer-to-peer (P2P) loans.

Children under 10 exposed to payday loans

Tuesday, 05 November 2013 | News

More than one in three people with children under 10 claim their children have been exposed to payday loan advertising to the extent they have repeated advertisement slogans.

New rules to protect crowdfunding customers

Thursday, 24 October 2013 | News

Consumers who use crowdfunding websites are to be given a 14-day cooling off period and other forms of protection under proposed new rules announced by the Financial Conduct Authority (FCA).

Bank lending to households on the rise

Friday, 18 October 2013 | News

Bank lending to individuals rose by £2.9 billion in the three months to August 2013, according to the Bank of England (BoE).

Should you ever take out a payday loan?

Thursday, 17 October 2013 | Article

YES: Caroline Walton, president of payday loans trade body the Consumer Finance Association

Labour vows to impose levy on payday lenders

Thursday, 17 October 2013 | News

Payday lenders will have a levy imposed on their profits which would see millions of pounds diverted to credit unions, under plans announced by the Labour party.

FCA set to get tough on payday lenders

Thursday, 03 October 2013 | News

Mandatory affordability checks on payday loan borrowers could be introduced from April.

Can a garage really offer cheaper loans than a bank?

Wednesday, 25 September 2013 | Blog | By Rachel Lacey

When I bought my iPhone, I didn't buy insurance from O2 and whenever I've bought new appliances I've never succumbed to the hard sell and bought an extended warranty.