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…
Far be it for us to shout about our knowledge of finance, on this occasion however we are going to say "we told you so - again". Last year we said that interest rates in the UK were not going to rise anytime soon and yesterday it looks as though we were spot on. One…
Almost 2 months ago QuickLoans.co.uk surrendered our Payday Loan License, something a lot of people cheered about. Those who thought - maybe still think - that closing the Payday Loan Market is a good thing, might just want to read what we have discovered since we left the market 2 months ago. The results will…
We wanted to write this piece in response to Martin's response to our own statement naming him as one of the reasons we have surrendered our Payday Loan License. I'm glad he took the time to respond, it wasn't expected but he did. Although he did mention that I aimed my "Venom" at him which…
Due to new rules and the threat of ever increasing legislation, QuickLoans.co.uk has announced that they are surrendering their license to provide Payday Loans in the UK. The company (Quick Loans Dot UK Ltd) is citing their reasons for leaving the market as "The continuing, even increasing threats of political interference by the Government indicate…
Natwest customers have been forced into looking for an alternative sources of funding, sometimes just to get home from work. Some being forced into getting payday loans because Natwest's banking system crashed on Thursday. But they haven't said what caused the crash, which is very suspicious and leading some to ask if Natwest has suffered…
QuickLoans.co.uk decided to conduct a study of our customers and the reasons behind the need to apply for a loan our on this site. However we didn't ask those who were currently applying, because we felt that they would give answers that we wanted to hear in order to be approved for the loan. So…
So the Bishops have come out and stated that the recent Welfare cuts are having a dramatic effect on the poor with some of them needing the help of food banks. That's fine, Bishops can have their say but it falls on businesses like ours to point out why the Bishops are completely wrong and…
Out of all the bills that land on the doorstep each month, the TV licence is one of the most annoying. One of the reasons is that the TV licence funds a dinosaur of an utterly untransparent organisation, pedals political deceipt, overpays cronies and runs by an untouchable elite who has little experience of any…
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