Don’t Fret About Debt

[...] tunnel. The post Legal sharks, payday loan companies, set to jump ship appeared first on Dont Fret About Debt. [...]

It seriously shocks me the amount of people who are desperate for help with their debts but put it off time and time again. Constant arguing with thei [...]

It may be April Fools Day but for the controversial pay day lending sector, the joke is on them. Today sees the Financial Conduct Authority (FCA) ta [...]

[...] post 5 Cheaper Alternatives for Everyday Saving for Young Professionals appeared first on Dont Fret About Debt. [...]

[...] Loan Code of Practice, it was the general belief that this guidance would result in the Payday lenders taking steps to construct good practice.  If adopted ‘all round’, this would result in [...]

[...] is far preferable to the exorbitant interest rates and aggressive collection tactics of the payday lenders. Borrowing from our nearest and dearest can certainly seem a tempting proposition – a loan [...]

[...] Conduct Authority (FCA) taking over the regulation of 50,000 consumer credit firms and their new rules could mean half of all payday loan firms choosing to shut their doors rather than play nice, [...]

[...] Conduct Authority (FCA) taking over the regulation of 50,000 consumer credit firms and their new rules could mean half of all payday loan firms choosing to shut their doors rather than play nice, [...]

[...] will escape a cap on exorbitant interest rates, but will face unlimited fines for breaking the new rules.  Is it enough? The post Payday Lenders appeared first on Don't Fret About Debt. [...]

[...] @dontfretaboutdebt.net. There is light at the end of the tunnel. The post Legal sharks, payday loan companies, set to jump ship appeared first on Don't Fret About Debt. [...]

[...] @dontfretaboutdebt.net. There is light at the end of the tunnel. The post Legal sharks, payday loan companies, set to jump ship appeared first on Dont Fret About Debt. [...]

[...] statements about how the OTF guidance applied to payday lenders and written to every payday lender making it clear that they expect them to act now to ensure these standards are met. -  [...]

[...] month after month with rollover fees & missed payment charges. Wonga, the largest payday lender who advertise on TV and radio have been trialling a 6 month loan among existing [...]

[...] month after month with rollover fees & missed payment charges. Wonga, the largest payday lender who advertise on TV and radio have been trialling a 6 month loan among existing [...]

[...] OTF propose to do about it? -         Formal investigations against a number of payday loan firms and more enforcement action in the pipeline. -         Requirement of 50 lenders – [...]

[...] the regulation of 50,000 consumer credit firms and their new rules could mean half of all payday loan firms choosing to shut their doors rather than play nice, according to the Consumer Finance [...]

[...] the regulation of 50,000 consumer credit firms and their new rules could mean half of all payday loan firms choosing to shut their doors rather than play nice, according to the Consumer Finance [...]

There are a number of companies out there offering free debt advice and you should ensure you chose someone who will give you the best advice based on [...]

We’ve all witnessed the level of consumer pain caused by payday lending.  The recession has driven more and more consumers towards this form of bor [...]

[...] telling them to make no further payments.  If someone does come to you for advice regarding Payday Loan debt then this is the first thing they must do or the payday lender may just please themselves [...]

The summer holidays…… That time of year that every child of school age looks forward to and most parents dread & as usual in Scotland, there [...]