Loans

Martin Lewis: payday lenders target children's Television to 'groom' next generation of borrowers

Martin Lewis: payday lenders target children’s Television to ‘groom’ next generation of borrowers

The loan companies need to be banned from marketing on children’s Tv, says monetary professional   Payday loan organizations “grooming” the subsequent generation of borrowers ought to be banned from promoting on children’s Tv channels, one of the country’s ideal acknowledged fiscal guidance experts has mentioned. Martin Lewis, founder of…

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OFT instructed Wonga to make modifications to its company

OFT instructed Wonga to make modifications to its company

Pay out day loans firm denies tips it was censured by the competitors watchdog

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Ban payday loan ads on Tv, says Miliband

Ban payday loan ads on Tv, says Miliband

Labour leader accuses lenders of “putting stress on our little ones” with child-friendly, animated commercials to get benefit of families feeling the squeeze

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Wonga founder Errol Damelin steps back from day-to-day running

Wonga founder Errol Damelin steps back from day-to-day running

Co-founder Errol Damelin to turn out to be Wonga’s chairman, and will be replaced as chief executive by chief operating officer Niall Wass

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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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