Archive for the ‘National Debtline’ Topic

News: BIS payday loan announcement

Published: 25 July 2012

Consumer Focus’s response to Department for Business, Innovation and Skills payday loan codes of practice announcement made today. Concerned that the payday loan codes announced today do not go far enough to protect vulnerable consumers, Sarah Brooks, Director of Financial Services at Consumer Focus, said: ‘The customer charter and amendments to the codes of practice [...]

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News: Which? payday lending research

Published: 18 May 2012

Commenting on today’s research from Which? into payday lending, Sarah Brooks, Director of Financial Services at Consumer Focus said:  ‘This research throws up some extremely troubling findings and poses many uncomfortable questions about the growing payday loan sector. We have long held concerns about the behaviour of some payday lenders and whether consumers are losing [...]

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News: Office of Fair Trading (OFT)’s new review into payday lending

Published: 24 February 2012

In response to the Office of Fair Trading (OFT)’s new review into payday lending, Sarah Brooks, Director of Financial Services at Consumer Focus said: ‘Payday lending is now a multi-billion pound industry with lenders employing big advertising and sponsorship budgets. We have long held concerns about this market and welcome it being put under the [...]

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