Tag Archives: payday lenders

Payday lenders buying personal details at £60 a head

By Carl Packman | Published: April 23, 2013

Recently I spoke at a meeting where I asked those in attendance to raise their hands if they had had experience of a text message or an email from a payday lender offering them an expensive loan at interest rates that would make most people weep.

Posted in Good Society | Also tagged | 12 Responses

The wait for action on unscrupulous Payday lenders goes on

By Carl Packman | Published: March 6, 2013

Payday lending is back in the news today as two reports are released, one after the other, on changes to the regulatory architecture that oversees the industry. Given how much optimism there was last year with the FCA being given new powers, the meat of these reports will come as a disappointment.

Posted in Sustainable Economy | Also tagged , , | 6 Responses

Why are Wonga speaking at a Labour policy meeting on household debt?

By James Bloodworth | Published: March 5, 2013

It appears that a representative from Wonga is speaking at a Labour Policy Review meeting on household debt. Whatever next? Advice from McDonald’s on healthy eating?

Posted in Sustainable Economy | Also tagged , | 26 Responses

Payday lenders aggressively targeting university students

By Carl Packman | Published: February 28, 2013

Payday lenders have started aggressively targeting university students who are struggling with student loans. It’s time the government recognised this and took radical action to clamp down on unscrupulous lenders.

Posted in Good Society | Also tagged , | 4 Responses