Payday loan providers are finally feeling some pushback, but not from the Government – instead, both universities and local authorities are curtailing lenders.
* 1940% APR Representative (variable)
Payday loan example: Borrow £100 for twenty eight days. The total amount repayable is £125. The 12 month interest rate is 1940%.
When you submit a pay day loan application via our apply now page, you are under no obligation whatsoever to take out the loan offered.
Ten things that make Nifty Loans the number 1 payday provider
- Cash advances of up to £1,000
- Receive the funds in 15 minutes
- No phone call or fax required
- 100% safe, encrypted & private
- No hidden charges whatsoever
- Open Monday to Sunday 24/7
- One easy to complete application
- Everything is submitted online
- No awkward questions to answer
- Adverse credit considered
Local councils step in where industry regulators won’t
While the Office of Fair Trading’s regulation of the payday advance lending industry is a bust, local councils are stepping up in a big way.
Welsh credit unions seek to stem the tide of local debt
Well there’s good news and bad news this week, especially if you’re Welsh: your local credit union is getting more powerful, but it’s to help stem rampant debt.
Brits backed into a corner by payday lenders
It’s common to hear about Brits backed into a corner by payday lending, but sometimes circumstances leave people without any sort of choice in the matter!
Borrowers falling apart while lenders scramble to keep up
Payday lending is tearing the UK apart: while there are alternatives beginning to emerge many borrowers are in debt so deep that they’re turning to crime.
Credit unions to step in where new regulator won’t
While there was bad news in that the new regulator has announced it won’t be capping interest rates, the nation’s credit unions get major funding to help.
Finger-pointing lenders and recalcitrant regulators
Well, that certainly didn’t last long: this week was nothing but retractions when it comes to industry regulators, while others point accusatory fingers.
Nobody but lenders want you to take out a payday loan
Right now it looks like the jury has spoken on payday loans: none but payday lenders themselves can recommend taking out high interest rate short term lending.
News flash: credit unions stepping in to foil payday lenders
I’ve finally got some good news to share: it turns out that credit unions are stepping in to provide real alternatives to payday lending at a much lower cost.
Lenders will try anything to get at your hard-earned cash
Now I’m not saying that the sky is falling, but payday loan providers are pulling out all the stops when it comes to getting as much money from you as possible.
email