Government Consider Capping Rates On Legal Loan Sharks

Aug. 2 | The government is set to stop the rise in unregulated loans from legal loan sharks. Some lenders are charging as much as 2500% annual interest. A campaign has launched to demand action to stop legal loan sharking.

Cash Genie Gives Customers Commission On Referrals

Jul. 9 | Cash Genie now offers a “refer a friend” scheme where you can earn commission simply by telling your friends and family about us. This scheme has been set up to reward loyal customers who have taken out loans previously with Cash Genie and...

RBS to Sell £3bn Worth of Property Loans

Jul. 8 | The Royal Bank of Scotland (RBS) is to sell £3 billion worth of loans related to property as it continues its strategy to divulge itself of non-core business assets.

Paydal Power Eases Lending Rules For Low Income Earners

Jul. 8 | Payday Power offers a same day payday loans service online and aims to pay borrowers their loans directly into their debit card accounts within 1 hour on the same day they apply. It has partnered with around 16 same day lenders and so offers applicants...