Short Term Loans - Money Buddy

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Date: 2016-10-25 10:33:50
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Date: 2016-03-30 09:48:02
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Date: 2017-02-23 09:00:55
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Government to cap payday loan costs - News stories - GOV.UK

The Chancellor of the Exchequer has announced that the government will legislate to introduce a cap on the cost of payday loans.

The cap will be formally established through amendments to the Banking Reform Bill which is currently going through Parliament.

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24 Aug 2016

Since 2013, 600, 000 Australian households have accessed payday loans that are sometimes are so easy to obtain, an ice addict borrowed $15,000 to fuel his drug habit. ASIC has been scrutinising the practice for some time now, leading to payday lender Nimble refunding $1.5 million to over 7,000 cons...

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Date: 2017-02-28 07:22:55
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Date: 2017-02-16 18:11:01
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Date: 2017-02-20 16:28:59
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Date: 2017-02-07 10:10:10
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Payday loans: Why you should never borrow money this way

3. Beware of leaseback arrangements

In 2013, then-Finance Minister Bill Shorten originally proposed 10 per cent plus 2 per cent, but this was watered down. Mr Brody says the current cap is still too generous to the lenders.

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