Tag: Loans
-
Watchdog announces cap on payday loan charges
The Financial Conduct Authority has announced a cap on the amount of money payday lenders like Wonga can charge for a loan. But is this enough to prevent people from spiralling into debt?
-
Q & A: International Monetary Fund in focus
After recent revelations about the private life of its leader, the IMF is in the news. But what does it actually do? Is it really the world's 'economic policeman'?
-
Britons in the red - personal debts and expensive loans
Debt advice services face cuts as MPs debate better regulation of lenders who target the desperate. But should we do more to help ourselves?