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Payday loans: As complaints about payday loans explodes in the UK, there is now a huge debate on whether these firms should be able to advertise in such a big way as they do (via football club sponsorship) etc.. Below are some links related to payday lending.

Financial Service Ombudsman Report UK: Complaints to the Financial Ombudsman Service (FOS) about payday lending soared 83% last year, the third highest rise of any sector except home credit (139%) and payment protection insurance (140%).
http://www.financial-ombudsman.org.uk/news/updates/annualreview-May-2013.htm

Payday loans: cute and cuddly tricks can't disguise outrageous APRs | Money | guardian.co.uk
http://www.guardian.co.uk/money/blog/2013/jun/04/payday-loans-aprs-wonga-puppets-speedy-roo

Ban payday loans advertising on campus, says NUS | Money | guardian.co.uk
http://www.guardian.co.uk/money/2013/jun/10/ban-payday-loans-advertising-campus-nus

Why payday loans won’t get cheaper | Felix Salmon
http://blogs.reuters.com/felix-salmon/2013/06/10/why-payday-loans-wont-get-cheaper/



ID: 48328
Publication date: 13/06/13
   
 

Created: 14/06/13. Last changed: 14/06/13.
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