Unscrupulous lenders that are online acting outside of the law, our detectives found.
- Simon Read@simonnread
- Friday 9 November 2012 21:00 <^moreThanTen>
A study of online payday lending internet web web sites carried out final weekend with respect to The Independent unveiled that significantly more than two-thirds of those haven’t any consumer credit licence that is valid.
The sites are breaking the law without a valid licence. The shocking data are really a fresh sign that the sector is spiralling out of hand as increasingly more companies pile in with the expectation of creating an instant money away from struggling individuals.