A year ago, few people in the UK even heard about easy loans from payday companies, but thanks in a large part to economic problems, these loans are now more popular than ever. Many people are seeking easy loans for help in making ends meet, only to find out that the interest rates are sky […]
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Were Easy Loans Fraudulent?
Posted on August 8th, 2008 by Bright Light
There is much controversy swirling after the FSA announced that they are continuing to research lending practices on easy loans. Since so many easy loans were offered over the past few years and many went into default, there are questions on whether lenders knew that the easy loans could never be paid back.
Lesley Titcomb, director […]
Easy Loans Still Causing Trouble in Economy
Posted on August 1st, 2008 by Bright Light
Many are still blaming easy loans for the problems in the UK housing market and it is clear that although it was certainly easy to get a loan over the past few years, paying it back is a lot more difficult for many consumers. The economic data on easy loans is not good and it […]
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