MiniCredit, a short term loans company has been forced to apologise to some of its clients after having threatening emails sent to them exposed in the media.
There are sectors of industry harbouring individuals who have seen the worst of the global crisis, have been scarred, but are now over the worst
The investigation into the instant cash loan industry as announced by the OFT has been welcomed by one industry body that has had misgivings about the high interest rates charged by providers of short term loans, experts say.
The fall in the debt-to-income ratio over the last two years has been attributed to less secured lending, which is why first time buyers have faced difficulty
The investigation of the instant cash loan industry by the Office of Fair Trading is now officially underway, with the watchdog looking into allegations of predatory lending practices, experts say.
The axe is still to fall on many public sector jobs in the Con-Dem austerity drive and the 3M unemployment figure is looming larger with every passing week
To read the headline articles in several of the nation’s papers today you would be forgiven for wondering which one, if any at all, was the real hero in standing up to the short term loans villains.
When you need quick access to cash, quick loans experts say to avoid the stress of going down to the pawnshop and instead take out your short term loans online.
Keen to shed its Dickensian image, the payday advance industry is swiftly becoming a mainstream source of short term loans as rough economic waters turn it into a growth industry, experts say.
The Office of Fair Trading is about to begin an inquiry into the goings on of the short term loans industry, which has grown phenomenally over the last few years and is now worth a billion pounds a year.