Payday advance loans problems increase 22% despite FCA clampdown

Payday advance loans problems increase 22% despite FCA clampdown

Ombudsman claims it is currently receiving about 200 such complaints per week, but PPI is the most detrimental offender

The economic carry out expert started policing payday loan providers in April 2014, but claims continue growing. Photograph: John Giles/PA

The economic actions Authority set out monitoring payday creditors in April 2014, but issues will always be increasing. Leia mais