Pay day loan borrowers lined up for share of $ class action that is 10M

Pay day loan borrowers lined up for share of $ class action that is 10M Some 100,000 pay day loan users whom borrowed through the now-defunct money shop or Instaloans branches in Ontario can gather their share of a $10-million class-action settlement. Ontarians whom took away loans that are payday or alleged personal lines of […]

Pay day loan costs cap established by FCA

Pay day loan costs cap established by FCA A limit from the quantity that payday lenders may charge their clients is established by the City regulator. Pay day loan prices will soon be capped at 0.8 percent per time associated with the quantity lent, stated the Financial Conduct Authority (FCA). As a whole, no body […]