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New evidence shows that problems in the industry are harming consumers
First published during the 2010 to 2015 Conservative and Liberal Democrat coalition government
Government is seeking feedback on how the payday industry meets the standards set out in the voluntary codes.
New payday lending rules put consumers first, explains Economic Secretary to the Treasury Sajid Javid.
A lack of price competition means that payday loan customers may be paying too much for their loans, according to provisional findings from the Competition and Markets Authority (CMA).
Following CMA action, payday lender Shelby Finance has written off loans and apologised to customers after not providing them with important information.
Findings from a government survey have found that payday lenders are not fully complying with industry standards brought in last year
The revised Codes of Practice were published by the four Trade Associations which represent over 90 per cent of the payday and short-term loan…
The CMA has published its final order on the payday lending market to increase price competition between payday lenders and help borrowers.
The cap will be formally established through amendments to the Banking Reform Bill.
The CMA is consulting on amendments to two of the proposed remedies in its payday lending investigation.
The CMA has set out proposals to increase price competition between payday lenders and help borrowers get a better deal.
The CMA has published its final report on the payday lending market, including its decisions on measures to increase price competition between payday lenders and to help borrowers get a better deal.
Following intensive discussions with the Government, the four Trade Associations representing over 90 per cent of the payday and short-term …
Letter to Shelby Finance Limited about its non-compliance with Part 4 of the Payday Lending Market Investigation Order 2015, relating to the provision of summary of borrowing statements.
Reforms to the Prompt Payment Code announced today, encouraging companies to stand by smaller suppliers.
First published during the 2019 to 2022 Johnson Conservative government
Employment Tribunal decision.
Government is to widen the ban on exclusivity clauses, removing red tape and giving lowest paid workers the choice to work multiple jobs if they wish.
Millions of people will be protected through strengthening regulation of interest-free Buy-Now Pay-Later credit agreements, under plans announced by the government today (20 June).
Almost one in four families across the UK will receive £324 from the government this month as the latest Cost of Living Payments are sent out from today (8 November 2022).
First published during the 2022 to 2024 Sunak Conservative government
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