In the United Kingdom, the think tank Institute for Public Policy Research revealed the most popular uses for payday loans involve everyday expenses rather than unexpected emergencies. Forty-one ...

The United Kingdom’s largest remaining payday loan company will be shutting down its operations, despite thousands of complaints regarding its lending procedures still unresolved. Chris Laverty, ...

About four million people in the UK are considering taking out a payday loan as they come under pressure from Christmas costs, research suggests. The new financial services regulator will have powers ...

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. The funding, from London-based Cairn Capital, will increase lending ...

Payday lending first entered the fray in the early 1990s, as banks reduced their small credit offerings and consumers looked elsewhere for quick-fix cash. These short-term, high-cost loans have risen ...

The Chancellor has denied caving in to Labour pressure after announcing a cap on the costs of controversial “payday loans”. George Osborne said the limit, which will cover fees on lending as well the ...

Payday loan customers are being urged to "fight back" if they have been mistreated by a lender by taking their complaint to the ombudsman. Citizens Advice analysed 665 payday loan cases reported to ...

Olive McCarthy is an active member of St. Michael's Credit Union, Cork, Ireland. She receives research funding from a wide array of external sources, including government bodies, NGOs and sectoral ...

As a human being, it is natural to want quick solutions to every problem that you face. Financial challenges are in no way exceptions. That is why, when you are confronted with some urgent financial ...