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I owe the Bank of Mum and Dad
Need money from family and friends? You’re short of a few bob. Your boiler’s broken down and the Bank of Mum and Dad can pay the bill. You’ll owe them a couple of hundred quid and pay back in six...
View ArticlePayday loans with no payday
Recently we released figures showing that an increasing number of our clients who are unemployed are also struggling with payday loans. In 2009 we counselled 283 unemployed clients who had payday...
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The payday loan trap: Throwing good money after bad
UPDATE: 1 July 2014 – new rules from the Financial Conduct Authority (FCA) means that payday loan companies: cannot rollover an outstanding payday loan balance more than twice must send the debtor an...
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