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    Really Interesting Finance News
    Really Interesting Finance News

    Quick News

    Our News service is sometimes tongue in cheek but the messages and accuracy are top level. We report on things long before main stream media.

    Thursday, 25 June 2015 14:50

    Are Guarantor Loans Legal?

    Since the effective end of Payday loans being available to subprime borrowers, Guarantor loans have shot up in popularity. In this article we question whether they are actually legal – or at least have some questionable legal grey areas. Now we are not saying they are illegal or outside the FCA’s rules – but we…
    Tuesday, 31 March 2015 13:24

    We are not "Quick Loans Finance"

    We have recently received a lot of calls asking for refunds from people thinking that we were part of a group called "Quick Loans Finance". We have no connection to this company or organisation in any way shape or form.  Unfortunately we have no knowledge of which website or what phone number they currently use.…
    Wednesday, 26 August 2015 08:49

    Price Cap - Why No Judicial Review?

    For over a year now this website has consistently questioned price caps on payday loans as a bad thing for consumers and a good thing for lenders. We want to break things down and ask just why if lenders have lost hundreds of millions – where is the legal challenge? We find it absolutely astonishing…
    Sunday, 28 December 2014 12:30

    Domain Name Loans

    We are a big investors in financing domain names. This includes those wanting to purchase them and those who already own them but want to raise finance on them - similar to pawning them. We only deal in domain names that end in .uk or .co.uk. Unfortunately we don't have the experience or knowledge to…
    From the 2nd of January 2015 we have decided to show customers what they could have borrowed had the FCA not got involved with price caps. We feel it is important to educate our applicants about the regulatory changes which are affecting them. We are declining so many customers who now think they have problems…
    Sunday, 07 December 2014 15:03

    Man in Gold Hat Urges Help For The hungry

    This isn’t a wind up, it is the latest from the UK’s comedy “do as I say - not as I do brigade”. You simply couldn’t make it up. This time it’s the Arch Bishop of Canterbury Justin Welby’s turn to be Chief Hypocrite. Writing in today’s Mail on Sunday he has called on the…
    Tuesday, 11 November 2014 10:17

    Payday loan price cap and why it will backfire

    FCA has confirmed that the Price Cap for Payday Loans is to be capped at the rate described in the original consultation. The FCA’s claim that it will save customers £150 a year is laughable in the extreme. It won't save people anything as they simply won't get access to them now. The FCA haven't…
    The stupid people of this world are trying to ban something else. We really are beginning to lose patience with the utter naivety of some of these idiotic financial wannabe supermen. They really should know better if their job is to protect the public. This time the RBS are saying that they are working to…
    Wednesday, 22 October 2014 20:35

    How Banks Are The Winners In Payday Loan Cap

    Banks, Illegal money lenders, Admin fee charging brokering sites all big winners in Payday Loan clampdown. An industry whistle blower has claimed that Banks are pressuring the Government to ban payday loans so that they can increase their profits. They also reveal how other groups are also big winners, some including rogue unlicensed websites. As…
    Yesterday the news broke that "Price Comparison" sites were not showing their customers the best deals and were instead showing them the ones that paid them the best commission rates. This is something we warned our customers back in 2011 - this isn’t news at all. Price comparison sites make more per customer than Payday…
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