OFT blasted over "ineffective" payday loans regulation

Friday, 31 May 2013 | News

The regulator responsible for policing the payday loans industry has been "ineffective" in regulating the market and been "timid rather than tough", a committee of MPs said in a report published today.

Payday loan industry "out of control"

Tuesday, 28 May 2013 | News

Citizens Advice has branded the payday loan industry "out of control" and called on the Office of Fair Trading (OFT) to protect consumers from "these unscrupulous lenders".

Ditch the banks and join the social lending crowd

Thursday, 23 May 2013 | Article

Sick of the banks, their paltry savings rates and tight-fisted attitudes to lending?

Payday lenders ignoring borrowers ability to repay

Tuesday, 07 May 2013 | News

Payday lenders are failing to check whether borrowers can afford to repay their loans, damning new figures from Citizens Advice reveal.

The best and worst ways to borrow money

Monday, 09 September 2013 | Article

The range of loan options available to borrowers has never been more varied.

Payday lenders: angels or villains?

Monday, 15 April 2013 | News

After years of slowly mounting concern surrounding the business models of payday lenders and those caught in their clutches, the dam has finally burst - and with it flows an ultimatum from the Office of Fair Trading (OFT):...

OFT cracks down on payday lenders

Wednesday, 06 March 2013 | News

The Office of Fair Trading  (OFT) has given the top 50 payday loan companies 12 weeks to change their business practices or risk losing their licences.

Payday loan complaints soar by 94%

Wednesday, 27 February 2013 | News

More than 20,000 calls for help with payday loans were taken by a debt charity in 2012, up 94% year-on-year.

Borrow money the right way this January

Thursday, 03 January 2013 | News

More than a quarter of Britons have just £100 to last them until end of January, according to research by a voucher website.

Get to grips with social lending

Monday, 24 September 2012 | Article

Have you searched for a personal loan lately?