Allow me to let you know about Are payday advances the brand new PPI?

Allow me to let you know about Are payday advances the brand new PPI?

Wonga’s collapse that is recent management happens to be blamed for a razor- razor- sharp increase in cash advance claims, causing concern for all pay day loan organizations.

CashEuroNet UK happens to be the biggest cash advance business in the united kingdom, lending underneath the brands QuickQuid and weight to Pocket. Into the very first 50 % of the 12 months, it reported investing more cash on settlement claims than it built in earnings. Continue reading “Allow me to let you know about Are payday advances the brand new PPI?”