Payday lenders

The UK’s 400 payday lenders could be hit by a new cap on lending due to come into force in January, after an [...]

11 November 2014
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Payday loan brokers are stinging vulnerable customers with enormous hidden charges, the Financial Ombudsman [...]

30 October 2014

Payday lenders are facing a major shake-up after the competition watchdog laid out plans to curb the costs of [...]

9 October 2014
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Troubled payday lender Wonga and value retailer Poundworld were rapped over the knuckles yesterday by the [...]

9 October 2014

Yet another Wonga advert has been banned from British screens for failing to show the true cost of borrowing. [...]

7 October 2014
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The Consumer Finance Association, which represents payday lenders, says all short-term lenders should not be tarred [...]

6 October 2014
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A shocking 99 per cent of Britain's payday loan companies face oblivion next year under new guidelines. [...]

4 October 2014
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Online payday lender Wonga yesterday agreed to tighten up its lending criteria, and to write off more than 300,000 [...]

3 October 2014
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Wonga is determined to clean up its image. [...]

2 October 2014
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Wonga is considering scrapping its Newcastle United sponsorship deal and might never go back into TV advertising, [...]

1 October 2014
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The Competition and Markets Authority says that 83 per cent of payday lending customers have taken out a loan [...]

30 September 2014
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Wonga’s profits halved last year, as the controversial payday lender paid the price of mounting operating costs. [...]

30 September 2014
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Online payday lender Wonga is set to report profits of £50m for 2013, down from £84.5m the previous year, it [...]

26 September 2014
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Embattled payday lender Wonga yesterday announced the appointment of Latvian insurance expert Tara Kneafsey as [...]

10 September 2014
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For millions of households, the most significant risk to financial security lies in their lack of any form of [...]

18 August 2014
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