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

The FCA ”killed” Payday Loans But What Has Come After Appears To Be Just As Bad For Borrowers

The FCA ''killed'' Payday Loans But What Has Come After Appears To Be Just As Bad For Borrowers

Many people in Britain applauded when the FCA (Financial Conduct Authority) put an end to Wonga-style payday loans back in 2015. Fast forward two years later, the applause is over. In fact, fear has set in over whether the FCA’s… Continue Reading