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October 2017
PaydayUK, Payday Express and Money Shop Online Cease Web and Phone Loans
On the 23 October 2017, and with virtually no media scrutiny or coverage, Dollar Finance, the company that owns PaydayUK.co.uk. PaydayExpress.co.uk and the Money Shop, three of the most pre-eminent payday loan / short term credit lenders, has announced it has ceased offering online and telephone loans. A representative...
What The Payday Loan Lenders Don’t Want You To Know: £Thousands Being Reclaimed For Poor Affordability Checks.
What’s The Problem? The UK is in the grip of a growing debt crisis. The average household now owes a record £12,887, a figure that doesn’t even account for mortgage debt, while seven out of ten adults are juggling an average debt of £6,372. These statistics are painting a...