7 August, 2013
6 August, 2013
Alex Salmond also wants tighter regulation of the industry and steps taken to restrict the ability of payday lenders to ‘roll over’ the debt.
5 August, 2013
Citizens Advice launches a month-long campaign urging payday borrowers 'not to let predatory lenders get away with treating them unfairly'.
2 August, 2013
Money Advice Service report also shows however that in recent years people have become more diligent about money matters and suspicious of financial scams.
31 July, 2013
New statutory instrument contains detailed provision for operation of the procedure which bailiffs must follow when taking control of goods and selling them to recover a sum of money.
31 July, 2013
Press release explains provisions of Taking Control of Goods Regulations 2013 that were laid before parliament yesterday.
31 July, 2013
30 July, 2013
OFT confirms that deadline for responses from lenders has now passed and that, of 46 responses, 14 have said that they are leaving payday market.
26 July, 2013
Citizens Advice responds to the Church of England's plans to compete with payday lenders by supporting credit unions.
25 July, 2013
Justin Welby lays down challenge as part of Church's plan to expand credit unions as an alternative to payday lenders.
24 July, 2013
Changes to be introduced in England and Wales following concern from consumer representatives that bankruptcy was stopping people from getting bank accounts
12 July, 2013
Commenting on Paul Blomfield's High Cost Credit Bill which gets its Second Reading in Parliament today, TUC General Secretary Frances O'Grady said: 'Payday loans are not the answer for people whose wages or benefits simply aren't enough to pay their day-to-day living costs'.
9 July, 2013
The Department of Energy & Climate Change has published a summary of the responses received to its consultation on the framework, and it also sets out its intention in relation to the issues raised.
4 July, 2013
New Credit Action figures for May 2013 show that although average debt levels rose, the ability of UK citizens to service their debts improved significantly due to the increase in average wages seen in April.
4 July, 2013
Chief executive of FCA (which will regulate the sector from April 2014) expresses concern about targeting of people without jobs through day time television advertising, reports Inside Housing.
3 July, 2013
Reported in the Telegraph, nearly a fifth of the population were forced to skip meals, ask friends or family for food, rely on a food bank or go without so their children could eat in the past year.
2 July, 2013
In force from today, the new Scottish regulations make a number of provisions including freezing the amount of debt owed on the date at which the debt payment programme is applied for by a debtor.
2 July, 2013
Trust believes that 'one of the most pressing regulatory concerns should be to ensure sufficient affordability checks are conducted prior to a loan being approved'.
1 July, 2013
Summit today to discuss government concerns that 'these loans are not right for a majority of people and that they result in many people not getting a fair deal'.
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