Tighter regulation of payday advances
Tighter regulation of payday advances As a consequence of the FCA’s tighter legislation, numerous loan providers have to spend payment to customers. In June 2014 Wonga, the UK’s largest company of pay day loans, compensated a complete of ВЈ2.6 million in settlement. In October 2014, 330,000 Wonga users have their debts entirely written down. It […]