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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.

Wednesday, 22 October 2014 21:35

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 05:35

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 22:50

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 22:48

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…
Tuesday, 14 October 2014 22:47

Has Natwest Been Hacked?

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…
Tuesday, 14 October 2014 22:45

Strange Reasons For A Loan

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…
Tuesday, 14 October 2014 22:44

Roll over loans to be banned

Roll over loans are to be banned in the new year according to news report. OK, here is a really really obvious objection to politicians. One of the biggest forms of lending in this country is Credit Card borrowing which…
Tuesday, 14 October 2014 22:37

Bishops and Welfare

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…
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