Loans

Meet the Swansea mums taking on the doorstep payday lenders

Meet the Swansea mums taking on the doorstep payday lenders

A group of Swansea mums have been persistently harassed and intimidated by doorstep lenders peering through their windows and even in a single instance scaling the front of the home. They determined to do some thing about it. Cathy Newman hears their story. Nearly two years ago, Serai Hann had…

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Wonga wrote to my son, 12, urging him to take a payday loan

Wonga wrote to my son, 12, urging him to take a payday loan

Payday loan provider Wonga has waded into more controversy after sending a letter to a 12-12 months-previous – offering a ‘special discount’   Photograph: Daniel Jones On November 6, Dennis Earle obtained a letter from payday loan firm Wonga. “You’ve probably heard our name,” it stated, and presented him a…

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Chancellor as well fast off the mark on payday lending cap

Chancellor as well fast off the mark on payday lending cap

Lack of detail suggests Osborne must leave such choices to the regulators   Photo: EDDIE MULHOLLAND In a political climate in which the expense of living is item amount a single on any agenda, it is small surprise that George Osborne has determined to emphasis on the payday lending sector…

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Albemarle & Bond hits record minimal following unsuccessful sale

Albemarle & Bond hits record minimal following unsuccessful sale

Shares dive in struggling pawnbroker following sale method ends with no a purchaser

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Individual loan prices plummet

Individual loan prices plummet

The ideal individual loans now cost just 4.5pc, but there is a catch   Photograph: Richard Elliott The classic strategy of funding a new auto or kitchen by remortgaging the property to borrow funds is getting challenged right after a surprise drop in prices on private loans. The greatest loan…

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Payday loan cap could backfire on the Tories

Payday loan cap could backfire on the Tories

The Chancellor George Osborne ought to beware receiving into an arms race with Labour to see who can come up with the ideal gimmick   Photo: PA When Ed Miliband announced at his party conference that a future Labour government would cap power charges, his proposal was criticised by the…

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Lenders to Albemarle & Bond appoint PwC

Lenders to Albemarle & Bond appoint PwC

Cash-strapped pawn broker place up for sale at start of week with £50.1m of debts

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Rise of 'closet borrowers' who hide debts from their partners

Rise of ‘closet borrowers’ who hide debts from their partners

Hundreds of thousands of borrowers don’t tell their households the truth about their debts – even however a single in ten owes far more than £10,000   Photograph: REX Attributes An estimated eleven million people are not telling their partners or household the truth about their borrowing. This secrecy poses…

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Halifax and Lloyds launch versatile loans to assist borrowers decrease debt

Halifax and Lloyds launch versatile loans to assist borrowers decrease debt

Cash MOT: Lloyds and Halifax banks have launched new ‘flexible’ loans, permitting borrowers to repay funds early in order to clear debt faster

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Spend day loans firm fined £175k in excess of spam texts

Spend day loans firm fined £175k in excess of spam texts

Very first Financial’s former sole director tried to declare he had no affiliation with the business   Photo: PA Pay out day loans firm Initial Fiscal has been hit with a £175,000 penalty after an investigation identified that the organization was responsible for sending hundreds of thousands of unlawful spam…

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