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Payday lenders surrender licence

Payday lenders surrender licence

Payday lenders surrender licences after OFT pressure


The regulator has revealed that 10 lenders have exited the payday lending market after it wrote to 50 firms to request they improve their practices.

Quick Loans Latest to Surrender Payday Loans License


Due to new rules and the threat of ever increasing legislation, QuickLoans.co.uk has announced that they are surrendering their license to provide Payday Loans in the UK.

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PAYDAY LENDERS SURRENDER LICENSES AFTER INVESTIGATION FROM OFT


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More than a third (38%) of UK payday lenders warned about their compliance standards have exited the market. The number of payday lenders which have pulled out of the Direct payday lenders uk high acceptance

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