Government U-turn: payday loans will be capped ~ NewLookTrial

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Tuesday, 11 December 2012

Tuesday, December 11, 2012 Posted by Jake No comments Labels: banks, Cameron, FSA, regulation, the government

Government U-turn: payday loans will be capped

Posted by Jake on Tuesday, December 11, 2012 with No comments | Labels: banks, Cameron, FSA, regulation, the government

That's Cameron's plan... unless the lobbyists get in the way...

BACKGROUND STORY:
Payday loan firms face cap after government U-turn
Financial Conduct Authority to be given new powers to curb exorbitant interest rates charged on payday loans GUARDIAN

OUR RELATED STORIES:

LATEST: Think you’re paying less tax now? The withdrawal of Working and Child Tax Credits leaves low earners paying a 73% marginal tax rate, and medium earners paying even more

RIP-OFF NEWS ROUND-UP, OUR PICK OF THE LAST WEEK'S MEDIA

YOU'RE FIRED?! We are already nearly the most easily fired people in the developed world

EYE OPENER: Housing Equity Withdrawal took off in 1979. Since then almost all UK growth has suspiciously equalled the amount we took out. Looks like it’s pensions next

DID YOU KNOW? MPs are getting a 10% pay hike in May, to £74k

Tuesday, 11 December 2012

Government U-turn: payday loans will be capped

With predatory companies on all sides, it costs an awful lot of money to be poor

Does giving the 1% greater rewards benefit everyone? Compare data for Britain and France to see this is not true

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