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Tag Archives: interest rates

University of East London gives payday lenders the boot

Well, it’s official: the University of East London has cemented itself as my favourite institute of higher learning after banning all payday loan adverts.

01. Mar, 2013 Categories: News, Weekly Market Roundup by News Desk

Christmas costs may lead 4m Brits into debt, research says

New research released this week has revealed that some 4 million Brits may end up deep in debt due to the costs of borrowing cash for Christmas spending.

07. Dec, 2012 Categories: News, Weekly Market Roundup by News Desk

Surprise for lenders thanks to surprise vote in House of Lords

It’s bad news for Wonga, as its high interest rate days are numbered thanks to a surprise House of Lords vote this week approving a last minute amendment.

30. Nov, 2012 Categories: News, Weekly Market Roundup by News Desk

‘Devastating’ report condemns lenders’ poor behaviour

A new report investigating the state of the unsecured credit lending industry was revealed this week, discovering that lenders have been behaving quite badly.

23. Nov, 2012 Categories: News, Weekly Market Roundup by News Desk

Payday loan use hits 1m Brits – and could rise even further

Things just seem to keep going from bad to worse this week, as not only has it been revealed that 1 million Brits use payday loans every month, this figure is sure to rise soon.

13. Sep, 2012 Categories: News, Weekly Market Roundup by News Desk

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