3 in 4 payday advance loan could have cause of problem to Ombudsman

3 in 4 payday advance loan could have cause of problem to Ombudsman

The residents Advice provider across the British urges payday loan users to battle back once again against dishonest loan providers.

Three in four payday consumers whom have guidance from people guidance buyers services was treated unfairly by their particular loan provider and could have actually reasons for the state criticism to your Financial Ombudsman provider, says the national charity.

People Advice’s comprehensive testing of 665 pay day loan situations, reported to its consumer service between 1 January payday loans Minto North Dakota and 30 June 2013, locates that at the least 76per cent could have reasons for an official grievance into Financial Ombudsman including:

  • 1 in 5 comprise feasible situation of scam – where someone was actually chased for a financial loan they hadn’t removed. Read more