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Payday loan horrors exposed

  • September 26, 2011
  • Two payday loan companies have been reported to the Office of Fair Trading (OFT), following a Which? Money investigation. The consumer group says it uncovered “widespread” poor practice in the sector, including potential breaches of the Consumer Credit Act, poor privacy provisions and inflated interest rates. Of the firms reported to the OFT, Paydaykong.com appeared [...]

  • Read more at:http://www.bankingtimes.co.uk/2011/09/25/payday-loan-horrors-exposed/
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