Search for Payday lenders and
  1. August 19, 2014

    Online loan broking complaints more than double

    Online payday loan brokers are taking hundreds of pounds from consumers on the promise of finding cheap credit but many...

  2. July 24, 2014

    Corporatism not capitalism is to blame for inequality

    Lethargic growth, depressed employment, widespread job dissatisfaction and staggering debt – such is life in a western world...

  1. July 15, 2014

    Banks look to replace payday lenders

    Some of Britain’s biggest banks are examining ways to launch payday-style loans as a new cap on the cost of credit is...

  2. July 14, 2014

    Wonga’s new chairman scraps advertising puppets amid review

    The newly appointed chairman of Wonga has moved to clean up the business, dropping advertising that might encourage young...

  3. July 13, 2014

    Watchdog set to unveil details of cap on UK payday loan charges

    Details of a shake-up of Britain’s payday lending will be announced as soon as this week as the country’s financial watchdog...

  4. July 10, 2014

    Church of England sells indirect stake in Wonga

    The Church of England has sold its indirect stake in Wonga, ending an embarrassing saga triggered by the Financial Times’...

  5. July 7, 2014

    Payday lender complaints more than double

    Complaints against payday lenders have more than doubled in the past two years, with many borrowers raising concerns about...

  6. July 6, 2014

    RBS challenges payday lenders by offering ‘loans within minutes’

    By Sharlene Goff, Retail Banking Correspondent Royal Bank of Scotland is planning to challenge Britain’s payday lenders by...

  7. July 3, 2014

    Wonga’s investors await an uncertain payday

    These are worrying times for Wonga. The contentious British payday lender has swept all before it in the past few years...

  8. June 27, 2014

    Why Wonga is only part of the problem

    The knives are out for Wonga. A bit like Luis Suárez, the Uruguayan striker who took a bite out of an Italian opponent this...

  9. June 27, 2014

    Moneylenders dodge the regulator’s lash

    ‘Wonga’s dark day illustrates increasing pressure on payday lenders’ Financial Times, June 25 Wonga, aren’t they the people...

  10. June 25, 2014

    Wonga: straight talking?

    Harry Frankfurt, a philosopher at Princeton, observed that there is a poorly understood space between lying and telling the...

  11. June 25, 2014

    Wonga to pay £2.6m compensation over debt collection

    Wonga, the payday lender which has been criticised for its high-interest rates, has been forced to compensate tens of...

  12. June 13, 2014

    Wonga co-founder Errol Damelin cuts ties with payday lender

    Wonga’s co-founder has stepped down from its board, leaving the UK’s biggest payday lender without a permanent chief...

  13. June 11, 2014

    Watchdog concerned over role of payday loan brokers

    “We’ve all had money troubles at some point, I know I have. You could see your bank and fill in loads of forms, but is there...

  14. June 11, 2014

    Watchdog proposes price comparison website for payday lenders

    The UK’s competition watchdog has proposed an independent price comparison website for payday lenders after finding that...

  15. May 22, 2014

    Niall Wass steps down as Wonga chief after 6 months

    Wonga has lost its second chief executive in just six months as the payday lender faces an industry-wide regulatory...

  16. May 20, 2014

    Tougher UK rules drive payday lenders away

    Britain’s crackdown on payday lending is forcing a mass exodus from the quick credit market, with up to half the lenders...

  17. May 13, 2014

    Cheque Centre stops payday loans after FCA scrutiny

    A warning shot has been fired to the UK’s payday lenders as one of the sector’s largest companies exits the market under...

  18. May 6, 2014

    Payday lenders criticised for harming customers

    Payday lenders have been accused of causing “enormous customer detriment” by pursuing a business model that requires repeat...

  19. April 1, 2014

    FCA rules could force quarter of payday lenders out of business

    Strict new rules on payday loans could force a quarter of lenders out of business, in a move by the UK regulator to clamp...

  20. March 23, 2014

    Catalogue debt is bigger problem than payday loans

    Buy now, pay later schemes offered by some of the UK’s biggest retailers are responsible for more borrowers falling into...

  21. March 12, 2014

    Payday sector is a lightning rod for FCA

    The forthcoming clampdown on payday lenders is a shrewd move by a regulator that wants to prove itself as a champion of the...

  22. February 28, 2014

    FCA tightens rules for payday lenders

    Payday lenders operating in the UK are being told to check whether borrowers can afford their short-term, high-cost loans...

  23. January 15, 2014

    Payday lenders club together to create loans database

    After repeatedly saying that it was impossible to create a database for payday loans the UK’s largest payday lenders are...

  24. December 20, 2013

    Ban payday loan promotions on children’s TV, say MPs

    A committee of MPs has backed a call for payday lenders to be banned from advertising on children’s television, as part of a...

  25. December 10, 2013

    Payday loan adverts seen 7.5bn times in 2012

    The huge rise in popularity of payday loans has been driven by extensive marketing efforts that meant television viewers...

  26. November 27, 2013

    Cash-strapped Albemarle & Bond smelts gold to raise money

    Pawnbroker Albemarle & Bond has resorted to melting down some of its stocks of gold jewellery in an attempt to raise ready...

  27. November 25, 2013

    Payday loans: George Osborne is losing the argument, says Labour

    George Osborne’s plan to cap the costs of payday loans was portrayed by Labour as a sign the chancellor was losing the...

  28. November 25, 2013

    Wonga policy is an unworthy evasion

    The excoriation of the moneylenders continues. In October, the Financial Conduct Authority announced curbs on the industry,...

  29. November 25, 2013

    Lobbying by payday loans sector fails to pay off

    Payday lenders have been on a charm offensive this year, but if loan costs are capped it looks as though all their efforts...

  30. November 25, 2013

    George Osborne moves to impose cap on cost of payday loans

    The Treasury plans to limit the cost of payday loans as the industry comes under mounting political scrutiny. The Financial...

  31. November 12, 2013

    Wonga chief Damelin takes back seat

    The co-founder and chief executive of Wonga, the payday lender, is relinquishing control of the day-to-day running of the...

  32. November 8, 2013

    Swallow your contempt – Wonga is the symptom, not the problem

    I believe it was December 1980 when my father sat down with me and warned me gravely that the central heating had broken...

  33. November 6, 2013

    A misguided war against Wonga

    In his desire to make living standards the focal issue ahead of the next election, Ed Miliband has won applause for some...

  34. November 5, 2013

    We are now all part of the Wonga economy

    Remove everything that has no relevance to the story, advised Russian playwright Anton Chekhov. Gary Tarn, the director of...

  35. November 5, 2013

    Doorstep lenders stress their difference

    Doug Martin gives a blunt assessment of the role of doorstep lenders in the UK’s financial sector. “We sit between the banks...

  36. November 5, 2013

    Miliband attacks Britain’s ‘Wonga economy’

    Ed Miliband attacked Britain’s “Wonga economy” on Tuesday as he seized on payday lenders as the latest target in his crusade...

  37. November 5, 2013

    Wonga co-founder quits

    Wonga came under siege on Tuesday as the company faced a barrage of criticism from MPs and upheaval in its boardroom less...

  38. November 1, 2013

    Wonga payday loan group releases film to improve its image

    Wonga is predatory. The payday loan company feeds off Britain’s soft underbelly – people mired in poverty, refused credit by...

Search for Payday lenders and