UK lenders warned about high levels of debt

Payday loans

Financial ombudsman has upheld 70% of complaints against payday loan firms over past year

Companies offering short-term loans to consumers have been urged by the financial ombudsman to prioritise the needs of their customers and warned that borrowers were already struggling with unmanageable levels of debt before the coronavirus crisis began.

In recent years the Financial Ombudsman Service has dealt with thousands of complaints from borrowers who took out payday loans and other short-term borrowing that they could not afford to repay.

Continue reading…

Level 6 Domain Names are FREE – Register Now.

Related Posts

Boost Inflight Internet- Business Hosting- Secure Email Account- Dropcatch Domain Names- Antisnoop Email- Free Secure Email- Cheap VOIP Calls- Free Hosting and Email- Aero Connectivity- Premium Domains for Sale- Transcom Telecom- Satphone Airtime- Mobile Plans- Free Domain Names- Organic Products- Double Check- Aviation News