Payday Loans or Unsecured Loans?

Payday loans are a product that most of us are familiar with. We may not know the ins and outs but we have all read the headlines, both good and bad. They are aimed at people struggling to wait until their next ‘pay day’ and are usually small amounts of up to £1000-£1500 maximum. However […]

Is the payday loan market still broken?

There has been a lot of criticism over the payday loans industry, with its sky high interest rates and aggressive lending tactics.  However the Financial Conduct Authority (FCA) stepped in and made massive sweeping changes, so has this had a positive impact on the industry? It’s been two years now since new regulations were imposed […]

Could you lend me £200?

According to data published by the University of Birmingham, one in three of us wouldn’t be able to find £200 for a financial emergency without borrowing, either using an unsecured loan or having to sell a prized possession. A further 1 in 10 of us simply said they wouldn’t be able to afford to borrow […]