Four More UK Payday Lenders Shut Down

By  |  August 15, 2013
 | 

UK Payday Lenders are dropping like flies, as The Telegraph reported another four firms have exited the market. To date, a total of 19 payday companies have left the market as a result of the Office of Fair Trade’s crackdown. The OFT has not yet publicly updated the list that informs the public about the names of the firms.

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    The Commission announced that the investigation is still in its initial stages, and no conclusions about the payday lending market case have been made. Provisional findings along with a full report are expected to be released by the end of 2014.

    Read the full story here.


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