Home » 2013 » January (Page 92)
A million people turn to payday loans to cover bills
15 January 2013 More than one million people are turning to expensive short-term lending to meet essential costs such as water, energy, and council tax bills. Three in 10 Brits…
Payday loan boss: Rivals are unethical
15 January 2013 A payday loan site boss has attacked the “unethical practices” of rivals. Jason Gardiner, founder of FridayFriday, has called for regulators to crack down on lenders which…
Tax-free £10,000 earnings likely ‘within two years’
15 january 2013 People earning under £10,000 a year are set to be excluded from paying income tax within two years after the Government moved to speed up its reform…
10 tips for taking out a personal loan
15 January 2013 The personal loans price war is hotting up. This week Derbyshire Building Society has thrown down the gauntlet to rival providers by launching a rate of 5.6…
The payday loan firm that has united the North-east
15 January 2013 Wonga’s £24m sponsorship of Newcastle United announced this week has started a spark of protest in the region. The complaints focus on the fact that the payday…
Recovery hopes hit by a collapse in bank lending
15 January 2013 A collapse in business lending and a “lacklustre” month for the mortgage market cast doubts over efforts to get credit flowing yesterday, despite signs of recovery on…
Osborne has ‘robbed the old to fund tax cuts for the wealthy’
15 january 2013 The Government was accused of an “outrageous assault” on the elderly after it emerged that more than four million pensioners will be worse off following changes to…
Simon Read: Payday lenders allowing multiple loans is leading to debt disaster
15 January 2013 The number of people getting into financial trouble by taking out multiple payday loans has soared in the past three years, new figures published by a debt…
Julian Knight: ‘Granny tax’ trick will prove to be a dead rabbit
15 january 2013 Cutting the highest rate of income tax and launching an attack on the retired or soon-to-be-retired, would be described as “courageous” in Yes, Minister speak – yes,…
Victory for campaigners as rip-off lenders face instant closure
15 January 2013 Rogue payday lenders who rip-off vulnerable people face instant closure under a new crackdown set to be introduced next spring. In a major victory for debt campaigners,…
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