October 2019

The UK payday loan industry appeared to be virtually over yesterday after QuickQuid collapsed into administration following thousands of customer complaints.QuickQuid, which is owned by US parent company Enova, will be shut down after…

Britain's biggest remaining payday lender said it would close by the end of December, blaming its demise on what it said was capricious regulation, just a year after rival Wonga axed also succumbed to a deluge of costly consumer…