Ombudsman claims it really is now getting about 200 such complaints per week, but PPI continues to be the offender that is worst
The Financial Conduct Authority started policing lenders that are payday April 2014, but complaints will always be rising. Photograph: John Giles/PA
The Financial Conduct Authority started policing payday loan providers in April 2014, but complaints will always be increasing. Photograph: John Giles/PA
Complaints towards the ombudsman that is financial pay day loans have actually increased to very nearly 200 per week – and never all those experiencing problems fundamentally fit the image of low-income borrowers counting on short-term loans getting by.Continue reading