Tag Archive: Payday loans

Nov 29

Payday loan firms face cap after government U-turn

Financial Conduct Authority to be given new powers to curb exorbitant interest rates charged on payday loans

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Permanent link to this article: http://www.potteye.co.uk/payday-loan-firms-face-cap-after-government-u-turn/

Sep 10

In Cameron’s Britain, payday loan companies are free to shaft the poor

Charging extortionate rates of interest, these companies are robbing the poor. I know, because I worked undercover for one

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Permanent link to this article: http://www.potteye.co.uk/in-camerons-britain-payday-loan-companies-are-free-to-shaft-the-poor/

Jul 14

GE Money refuses mortgages to payday loan borrowers

Sub-prime lender clamps down on payday loans, even if they have been repaid

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Permanent link to this article: http://www.potteye.co.uk/ge-money-refuses-mortgages-to-payday-loan-borrowers/

May 24

A third of parents of disabled children took out loans to buy basics last year

Survey reveals families with disabled children struggling to pay for heating and food, with most saying situation will worsen

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Permanent link to this article: http://www.potteye.co.uk/a-third-of-parents-of-disabled-children-took-out-loans-to-buy-basics-last-year/

May 15

Payday loans: bishop hits out at ‘sinful’ interest rates

Bishop of Durham says interest rate of 4,000%, as charged by Wonga, has been considered ‘usurious’ since the time of Moses

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Permanent link to this article: http://www.potteye.co.uk/payday-loans-bishop-hits-out-at-sinful-interest-rates/

Apr 27

Debt collection agencies are tracking down £60bn

First published figures reveal government is making increasing use of outsourced debt collection

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Permanent link to this article: http://www.potteye.co.uk/debt-collection-agencies-are-tracking-down-60bn/