3 in 4 loans that are payday have cause of problem to Ombudsman

3 in 4 loans that are payday have cause of problem to Ombudsman

The people guidance solution over the UK urges pay day loan clients to fight right straight right back against unscrupulous loan providers.

Three in four payday borrowers who got advice through the people guidance customer solution was indeed addressed unfairly by their loan provider and may have grounds for the official issue towards the Financial Ombudsman Service, states the national charity.

People Advice’s in level analysis of 665 pay day loan cases, reported to its consumer solution between 1 January and 30 June 2013, discovers that at the least 76percent may have grounds for the state problem to your Financial Ombudsman including:

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