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Payday Loans Still RULE in The UK Despite Wonga Collapse!

Payday Loans Still RULE in The UK Despite Wonga Collapse!

Campaigners have raised alarm over British households continued overdependence on payday loans despite Wonga’s collapse. This can be attributed to the current economic pressures. British households must rely on high-cost short-term debt to survive the tough economic conditions currently. The… Continue Reading

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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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FCA Warning: Senseless Housing Policy Fueling High-cost Credit Rip-off

FCA Warning: Senseless Housing Policy Fueling High-cost Credit Rip-off

FCA boss Andrew Bailey has called out ministers for “forcing” tenants to take costly loans. According to Bailey, the social housing policy offering tenants unfurnished council homes has pushed many Brits to take high-cost loans. Bailey doesn’t see sense in… Continue Reading