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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.

Bankruptcy in Britain is on the rise these days, far too many people see it as a quick fix to their financial woes. It would be to the benefit of everyone involved if bankruptcy was moved from one year to…
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…
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…
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…
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…
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…
Saturday, 18 October 2014 04:35

We told you rates were not going up!

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…
Tuesday, 14 October 2014 21:50

Have the FCA Been Conned Over Payday Lenders

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…
Tuesday, 14 October 2014 21:48

Our Response to Martin Lewis

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…
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…
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