New proof from Citizens guidance discovers 7 in 10 place under pressure to increase loan.
People guidance is urging the OFT to simply just take tough and action that is immediate payday loan providers as brand new proof reveals loan providers are pressurising struggling borrowers to increase loans, lending to individuals under 18 and harassing individuals in debt.
The brand new findings, through the people Advice’s cash advance tracker and proof from over the solution, are revealed today, Tuesday 28 might, 12 months because the OFT established its research to the payday financing industry. Continue reading “People guidance reveals lenders that are payday failings as OFT closes in on unscrupulous loan providers”