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U.S. Based Payday Loan Giants May Face Legal Action for Huge Scandal

U.S. Based Payday Loan Giants May Face Legal Action for Huge Scandal

Paydayrefunds.co.uk is planning to take action against U.S. based payday loan giants Curo, Lending Stream, and QuickQuid which targeted British customers charging them up to 2000% APR. The U.S. lenders have been accused of exploiting vulnerable Britons in a scandal… Continue Reading

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Consumer Finance Up 3% in September 2017

Consumer Finance Up 3% in September 2017

The latest on consumer finance in the UK According to the latest figures by the FLA (Finance & Leasing Association), consumer finance growth is up by 3 percent in September 2017 compared to the same period last year. Q3 2017… Continue Reading

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FCA Warning: Are Young People In The UK Borrowing Too Much?

FCA Warning: Are Young People In The UK Borrowing Too Much?

In a recent ”Money Matters” interview with BBC, the C.E.O. of the FCA, Andrew Bailey expressed concerns about growing debt among young people aged between 18 and 34 years in the UK. His concerns came as the number of insolvent… Continue Reading