Office Of Fair Trading - MoneyBlogNewz | Financial Education & Gossip | MoneyBlogNewz | Financial Education & Gossip

UK payday loans ruling good news for consumers, lenders

The UK Office of Fair Trading's recent pro-payday loans decision has been a relief to consumers and businesses like Speed-e-Loans…

Description: An ATM machine which is covered up by warning tape that reads "Danger: Do not re-use," a hint at the possible trouble overdraft can bring when chosen as an alternative to payday loans.

Thursday, June 17th, 2010 by

By Steve Tarlow

UK Office of Fair Trading says no to payday loan rate cap

The United Kingdom's Office of Fair Trading has ruled that a payday loan rate cap is unnecessary and would harm free market competition…

Tuesday, June 15th, 2010 by

By Steve Tarlow

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