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Payday Loans

3.5 million reach for payday loans as ‘zombie' debtors rise

As nearly half the population (45%) struggle to make it to ‘payday', a payday loan will become a reality for many.

Payday loans market rife with poor practice, finds Which?

A Which? Money investigation has uncovered widespread poor practice in the payday loans market, including potential breaches of the Consumer Credit Act, poor privacy provisions and inflated APRs.

Money mayday as Brits turn to payday loans

The rising cost of living combined with the recent run of expensive bank holidays has led to a 58 per cent increase in demand for payday loans through moneysupermarket.com, compared to the same period in April.

Compass payday loan interest cap proposal

Stephen Jones, money reporter says "It is encouraging that Compass have brought payday loans into the spotlight and highlighted the need for change.

Economy still hurting but households start to cope

Applications for payday loans are at last starting to plateau, indicating that plummeting inflation and falling mortgage rates are finally having a positive impact on households.

‘Quick and easy' pay day loans could become more tempting

As the credit crunch brings consumers to their knees this Christmas, the lure of ‘quick and easy' pay day loans could become more tempting now than ever before.

Payday Power launches to help provide low risk payday loans

Payday Power launched recently out of a growing demand for a safe and easy instant cash advance service that is regulated by government bodies that people in the UK can trust.

Rise in cost of living brings payday loans to fore

With the prices of the essentials of life such as basic foods and petrol continuing to spiral out of control, a record number of Brits are turning to payday loans to help tide them over financially.