One in seven Britons has turned to credit such as a payday loan or unauthorised overdraft to help cover their rent or mortgage in the last year. Shelter, who carried out the research, has warned that relying on such methods could lead to people losing their homes. The figure equates to almost seven million people [...]
The Office of Fair Trading is taking action against a number of payday loan companies after complaints about these short-term loans doubled in the space of a year. The OFT has not named the companies involved, but said it was concerned firms were not checking whether customers could afford to repay these debts or explaining [...]
The dire state of many Britons’ personal finances has been underlined by new research that shows 3.5m people are considering taking out payday loans over the next six months. Concern over personal debt has reached the highest level since insolvency body R3 began making records, it said yesterday as it warned of “zombie debtors” who [...]
Newly hired Florida coach Will Muschamp will make $2.7 million per season in a five-year contract with the school, according to a report from the Gainesville Sun. Citing a single, unnamed source, the story reported a total that would triple Muschamp’s current salary. He was making $900,000 per year as the defensive coordinator at Texas [...]
In one American poll you may have missed yesterday, the good people of Montana voted to slam the door on payday lenders. These are the legal loan sharks who pile eye-watering interest rates on short-term loans to working people who struggle from one month to the next. Montana is now the 16th US state where [...]
At least 5,000 people are being pursued by debt collectors working on behalf of a payday loans firm, for sums they did not borrow in the first place. Police believe fraudsters managed to get loans paid out by Help Loan using personal details of innocent Britons. The Finland-based company believes the fraud has cost it [...]
Debt advice groups are calling for urgent action over payday loans that charge extremely high interest rates. They want the market regulator to make lenders behave responsibly, as some companies have lent money at a rate equivalent to almost 2,000% annually. Payday loans typically involve a lender advancing a customer cash, usually for a month, [...]
Banks pulled in £38 billion in overdraft fees last year, paid for by consumers who didn’t have enough money in their bank accounts to cover their debit card purchases, ATM withdrawals and automatic payments. One way to keep that fee money in your pocket instead of the banks’ is to remain aware of cash advance [...]
payday cash loans, this article can prove useful. This loan is simply a loan or what a few individuals might call a money advance loan. A loan of this type is a short-term loan with high interest, and is founded upon the supply of funds in the near future. For those that have to pay [...]
Are you unhappy and frustrated with annoying and lengthy documentation process? Would you like to divest yourself of from difficult paperwork? In that case your troubles are all over by this plan. No fax payday loans are the most excellent options for you. This loan assists you to divest yourself of from lengthy document process [...]
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