The new player in town – the payday broker

As if the payday industry hasn’t seen enough controversy, just as things are about to settle down with the new regulations being put into place on the 1st January 2014, a new spanner has to come along and mess up the clockwork. The payday broker. This broker is a sort of middle-man who gets between […]

Scottish Credit Unions dress up as Payday

The Scottish League of Credit Unions has its nose slightly bent out of shape because it seems that they feel they are being mistaken for payday lenders there to lend people a quick loan over Christmas. Dermot O’Neill, chief executive of the League was not impressed with Credit Unions being expected to offer cheap loans […]