Responding to the StepChange report Got their number, Which? executive director, Richard Lloyd, said: “We launched our Calling Time campaign after we found that nuisance calls and texts are making people’s lives a misery, with many discouraged from answering their phone and others feeling intimidated. It is especially worrying that financially vulnerable consumers are being encouraged to take out […]
In response to Labour’s announcement that it would impose a levy on payday lenders to fund alternative credit providers, Which? executive director, Richard Lloyd, said: “Millions of people are increasingly reliant on high cost credit to pay for essentials or to repay other loans, pushing them into a vicious cycle of debt. We urgently need […]
Which? is today launching a new campaign to clean up the entire credit market after new Which? research finds that other forms of credit can be as expensive as payday loans. The payday loans market has rightly attracted criticism for some of the worst practices in the credit market, but our new research finds that […]
Responding to the new payday loans regulations set out by the Financial Conduct Authority (FCA), Richard Lloyd, Which? executive director, said: “Our research shows millions of people are increasingly reliant on high cost loans to pay for essentials or to repay other debts, so it’s good to see the Financial Conduct Authority planning to take tough […]