Without a doubt about cash advance complaints are in a 5-year high
Complaints against payday loan providers have actually soared up to a 5 12 months high says industry watchdog – as well as the trend is not slowing.
As increasing numbers of cash strapped Brits turn to alternate methods of funding, unsavoury loan providers are dishing out loans with exorbitant interest levels.
There have been around 40,000 new complaints brought a year ago which means basically these people were up a gut-wrenching 130% through the 17,000 through the previous 12 months reported the Financial Ombudsman. […]