OFT revokes payday lender licence, but firm continues to lend – The Guardian

Posted August 10th, 2012 in appeals, fraud, licensing, loans, news by tracey

“A payday lender has been fined and had its licence taken away by the Office of Fair Trading for the first time – but is still lending money at interest rates of more than 5,000%.”

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The Guardian, 9th August 2012

Source: www.guardian.co.uk