Ombudsman gets 50 payday that is new complaints per month

Ombudsman gets 50 payday that is new complaints per month

The Financial Ombudsman provider stated it had seen an important boost in how many pay day loan complaints this season.

The Financial Ombudsman provider (FOS), which resolves disagreements between businesses and folks, stated it had gotten 271 complaints that are new pay day loans between April and September.

By comparison, the Ombudsman received 296 complaints for your regarding the last economic 12 months. The solution happens to be finding eight away from 10 cash advance complaints in preference of the buyer. (more…)

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