OFT launches review into payday lending

[Legal Beagles]

The OFT has launched an extensive review of the payday lending sector. This is in part prompted by concerns that some payday lenders may be taking advantage of people in financial difficulty.

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[enaid]

Re: OFT launches review into payday lending

PMSL quote of the day



"This is in part prompted by concerns that some payday lenders may be taking advantage of people in financial difficulty."

[CleverClogs]

Re: OFT launches review into payday lending

The Office of Faffing and Twaddling has been embarrassed into doing this, as a means of covering their backsides.

One hopes that they don't f:censoired:k up this one like they did with excessive bank charges.