Pay day loans complaints increase 22% despite FCA clampdown

Pay day loans complaints increase 22% despite FCA clampdown

Ombudsman claims its now getting about 200 such complaints per week, but PPI continues to be the offender that is worst

The Financial Conduct Authority started policing lenders that are payday April 2014, but complaints continue to be increasing. Photograph: John Giles/PA

The Financial Conduct Authority started policing lenders that are payday April 2014, but complaints continue to be increasing.Continue reading