Are ‘Guarantor Loans’ bridging the gap?

If someone said to you that they were applying for or indeed already had a ‘guarantor’ loan, what exactly would spring to mind? They cannot afford a ‘real’ loan; they must have really bad credit? It’s just another term for a payday loan? Whatever you may think, the guarantor loans sector is now the fastest […]


Alternatives to high cost overdrafts?

Many of us now use overdrafts as part of our everyday banking, but this could in effect be costing us more than we think and are there any cheaper alternatives? The Financial Conduct Authority (FCA) has already confirmed that overdrafts fees are extremely difficult for consumers to understand, especially when they are ‘unauthorised’. In research […]


Ratesetter receive full FCA approval

Online lender Ratesetter has finally been fully authorised by the Financial Conduct Authority (FCA). Ratesetter is a peer-to-peer lender that offers unsecured loans from its investors to its consumers or businesses. Often the rates are extremely competitive and top a lot of the best buy surveys. Founded in 2010, the company has already lent over […]


Fraud Warning, What to do if you have been a victim?

Unfortunately, for the past few years, our business name is being targeted by fraudsters who are misleading customers into making upfront payments in order to obtain loans. All of our company information is in the public domain; this includes company address, company registration number, Data Protection Act registration number, and also FCA authorisation number. The […]


The FCA high cost credit review

After the review into the payday loans industry, the Financial Conduct Authority has now announced that it is to review a wide range of other so called high-cost credit from overdrafts to logbook loans.  Since 2015 the FCA have imposed a number of restrictions on payday lenders, and the way that they do business.  Customers […]


Categories

Follow us on Twitter