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The FCA and Payday Loans

The FCA and Payday Loans

The FCA & Payday Loans Looking for payday loans? UK lenders have some tough new rules to follow Gone are the days when UK payday lenders could apply endless interest charges and penalties to borrowers when they failed to repay on time. The Financial Conduct...

The FCA and Payday Loans

The FCA and Payday Loans

The FCA & Payday Loans Looking for payday loans? UK lenders have some tough new rules to follow Gone are the days when UK payday lenders could apply endless interest charges and penalties to borrowers when they failed to repay on time. The Financial Conduct...

Why have payday loans become so popular?

Why have payday loans become so popular?

Despite having suffered some bad press in the past, payday loans are still a popular option for people who need access to quick cash. Research suggests that they are particularly popular with younger borrowers. There are many reasons why people take out short-term...

The FCA and Payday Loans

The FCA and Payday Loans

The FCA & Payday Loans Looking for payday loans? UK lenders have some tough new rules to follow Gone are the days when UK payday lenders could apply endless interest charges and penalties to borrowers when they failed to repay on time. The Financial Conduct...

Why is APR a bad measurement for payday loans?

Why is APR a bad measurement for payday loans?

Imagine you're back at school or college and you're looking for a job for a few weeks over the summer holidays to pay for a holiday. You need to earn £500 but all the jobs advertised are only showing their annual salary, which makes it hard to compare which job is...